With the highest and very much increasing oil revenues all over the GCC, Saudi Arabia has become the hottest destination for job seekers all around the world. Millions of expats intend on joining the gulf region and driving their careers within this oil rich country.
With the Advancement of Information Technology and Media, many job categories have taken a toll all over the globe, from the American continents to the sands of Middle East and all over Asia. It is no hoax that the Gulf land is a highly developed and modern place to be. Saudi Arabia with its large population has always been at the top list of drivers of the Middle East recruitment. A number of Americans are recruited for advertising and banking while the local Arabs gain more money through IT jobs every year. The Major Manpower recruitment is through Asia where Asian Expats are swarming in with impressive and competitive CV’s to get their place in the Market.
According to a Gulf Business Salary Survey conducted in 2013, the highest paying jobs in Saudi Arabia are as follows:
10 Best Jobs in Saudi Arabia
1. Petroleum Engineers:
Petroleum Engineers can earn up to $80,000.
2. Business Industry:
CEOs of both Multinational companies as well as local companies earn extensively well. The top most salary in Saudi Arabia was recorded to be $33,021, which is the salary of an average CEO of a Multinational company.
3. Medical Profession:
Medical Profession: Surgeons in Saudi Arabia earn up to $29,000.
4. Banking Industry:
After the business sector, the second most popular and high wage industry is the Banking industry. Banks pay up to $13,000 a month to their Managers within Saudi Arabia,
5. IT Industry:
Below these wages are the payrolls of Information Technology Managers who earn $12,000
6. Construction and Project Management:
Construction and project managers earn up to $11,900 and this profession has become popular among immigrants within Saudi Arabia.
7. Media and Public Relations:
8. Ads and Creative Designing:
There is a high demand for developers, advertising and creative designers with an average increasing pay of $10,900.
9. Real Estate Dealers:
Real Estate Dealers in Saudi Arabia have the opportunity to earn up to $10,600 a month.
10. English Teaching:
A rising demand for English teachers has catapulted the salaries for the same. In Saudi Arabia the average teacher’s salary can reach $3000 per month tax free plus perks like free flights to your home country or subsidized accommodation.
According to Most surveys, Asians are recruited predominantly in the Banking and treasury management posts where they earn heavily. Overall, according to the Hay Group’s Annual Saudi Arabia Compensation and Benefits Report in 2013, Salaries in the Kingdom of Saudi Arabia have risen to 6 percent despite the inflation of almost 4.4 percent. Moreover, for the first time in Saudi Arabia, employers opted to classify data in terms of gender as well in 2013. The report showed a data base of female employees in the HR, Administrative and Secretarial roles. With the change in time, Saudi Arabian expat recruitment’s are still gaining toll and now with female employees included. The Salaries are way ahead of the Inflation period and Employees are gaining purchase power. Thus Saudi Arabia still remains a hotspot for good wages and a fine job search for foreigners.