In order to retain talent, some companies in the UAE are looking at mid-term increments and increasing allowances. This included fuel stipends since prices have jumped nearly 75% since January 2022.
In order to retain talent, on average companies are considering a 7 to 10% hike in salaries and a 30 to 35% increase in fuel allowances," said Mayank Patel, country head, Adecco Middle East.