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About 89% of respondents from Qatar to a survey by Bayt.com opined that the cost of living increased in 2013, with 24% claiming it rose by more than 20%. |
The survey also has revealed that expectations of a pay rise in 2014 are high in Qatar, though 38% of professionals surveyed said they didn’t receive a pay rise in 2013.
The 2014 Bayt.com Mena Salary Survey was conducted by Bayt.com, and leading market research agency YouGov.
The increased cost of living has been attributed to increase in rent, food and beverages, entertainment and education. Eighty-three percent of the respondents expect that it will continue to rise. The rising cost of living has also limited the respondents’ ability to save as 20% in Qatar claim to have saved nothing from their monthly salary.
Despite this, 54% of the respondents believe that they are better off now, in terms of quality of life in comparison to their generational peers in their country of residence. Fifty-five percent of Qatar respondents intend to look for a better job in the same industry in the next 12 months, and 73% believe that salaries in Qatar are on the rise.
A large proportion of the respondents is underwhelmed by their income, with 43% claiming to be dissatisfied with their pay, compared to just 5% who are highly satisfied with what they receive.
About 38% of Qatar respondents said that they did not receive a salary raise in 2013. For those who did receive a raise, 53% were discontent with what they received while 48% were satisfied. Over a quarter of respondents do not expect to receive an increase in 2014, though 32% anticipate receiving a pay rise of up to 15%.
