Thursday, 15 September 2011

gulfnews : Rise in salaries is a double-edged sword

The decision to increase salaries of Qatari citizens by 60 per cent for civil employees and 120 per cent for military personnel is the latest episode in a series of pay increases in Gulf Cooperation Council (GCC) countries. It is a positive move which has led to improved living standards and minimised the effects of inflation.

Wage and salary policies are one of the most important economic instruments a government has at its disposal, and have a direct and significant impact on living conditions.

As a result, wage and salary policies should be given great consideration.

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