Survey measures employee satisfaction with current salaries in Jordan

AMMAN — Seven in 10 professionals in Jordan believe that salaries are either increasing or staying the same, while 41 per cent expect to receive a raise in 2023, according to a recent survey.

The Middle East and North Africa Salary Survey 2023, conducted by Bayt.com, a leading job site, and market research agency YouGov, aimed to gauge employee satisfaction with their current salaries and explore drivers of employee loyalty, evaluating the significance of salary in career satisfaction and general wellbeing.

Salaries and benefits

Twenty-three per cent of Jordan respondents claimed that their current salary package consists of a basic salary and benefits, while 50 per cent report that they only receive a basic salary said a Bayt.com statement. 

According to 26 per cent of respondents, their package consists of basic salary, benefits, and commission. Additionally, 41 per cent of respondents say that their company pays for overtime.

When it came to preferred pay structure, 62 per cent noted their preference for a 100 per cent fixed pay structure, while 23 per cent of respondents said they prefer a partially fixed pay structure with variable pay for commissions and incentives.

The top benefits received by employees in Jordan include personal medical insurance at 23 per cent, family medical insurance at 18 per cent and a transport allowance at 16 per cent.

Director of Human Resources at Bayt.com Ola Haddad said: “Our annual Salary Survey outlines the evolution of current income structure and levels, salary satisfaction and perception towards cost of living, providing an insight to the job market and the economy. Employers need to treat compensation as an integral part of an employee’s reward and monitor major factors driving the salary expectations”.

Drivers of loyalty

According to the survey, 48 per cent of respondents claim that their loyalty to their company is not linked to the salary they receive. Yet, 27 per cent regard their loyalty is linked to the salary in a “large to full” extent. Apart from salary, respondents cited managers, at 33 per cent, colleagues, at 30 per cent, and a fun office environment, at 26 per cent, as important drivers of loyalty.

Of the respondents, 48 per cent said they will look for a better job in the same industry within the next 12 months, and 31 per cent said they plan to look for a better job in a different industry.

Finances and expenses

Nearly half of respondents in Jordan, around 49 per cent, reported their belief that they are better off or about the same as other people of a similar generation in their country of residence.

On the subject of investment, 6 per cent of those surveyed make regular financial investments, and 22 per cent doing so reported investing in their own businesses.

Zafar Shah, Research Director at YouGov, said: “The Salary Survey illustrates the job market from employees’ perspective, helping candidates gauge their worth in the current job market, and promoting employers’ understanding in a way that best serves the business and employees. While financial rewards are key to attracting talent into organisations, non-financial rewards can be essential differentiators when it comes to retaining talent.”

Data for the Middle East and North Africa Salary Survey 2023 was collected online from November 16 to 28, 2022. 

Results are based on a sample of 2,941 respondents from the following countries: The UAE, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Lebanon, Jordan, Iraq, Palestine, Syria, Egypt, Morocco, Algeria, Tunisia, Libya and Sudan, among others.