Pay transparency is increasingly becoming a global norm, driven by legislation, cultural shifts, and corporate strategies. It aims to address pay inequities, improve trust, and adapt to evolving societal expectations, despite implementation challenges.
Through this acquisition, Deel aims to simplify global work by combining performance management, AI analytics, and payroll as a one stop solution for workforce management.
Private sector employers who fail to comply with these new rules will face penalties, including the suspension of work permit services and fines that will double with repeated violations.
An analysis of salary trends in the Middle East, focusing on the UAE's evolving economic landscape, wage growth, and strategies for attracting global talent amidst challenges like inflation and competitive markets.
Employee benefits are crucial for attracting and retaining talent across the Gulf region, however, a significant gap exists between what employees want and what employers provide.