Dubai's bankers getting double their London counterparts in Bonuses
Junior bankers in the UAE are reaping almost 36 per cent more salary than their counterparts in London, with bonuses almost double those paid in the UK capital, compensation data provider Emolument said.Fixed salaries at the analyst level in the UAE average $91,000, compared with $73,000 in London, the group said in an e-mailed statement. Bonuses in the UAE, including Dubai and Abu Dhabi, averaged $27,000 compared with $14,000. For associates, fixed pay in the UAE was $107,000, compared with $108,000 in London, while bonuses of $40,000 in the UK were about 29 per cent higher.
This article was published in Al Bawaba, 21th March 2014