A survey conducted by Mercer suggested that more companies in the UAE are eyeing to retrench more employees and deduct their salaries because of the direct impact of Covid-19 in their business.
It revealed that 10 percent of companies in UAE reduced salaries on a ‘temporary basis.’ Meanwhile, 30 percent have plans to cut the workforce.
It added that the market in the country still experienced positive salary inflation and 25 percent of the respondents have reported an increase in productivity as a result of employees working from him.
The survey, which has 500 respondents, also revealed an actual annual salary increase of 3.8 percent across the general market.
