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[QUOTE=Admin;30]DUBAI: With wage gap between UAE and Indian salaries on a decline, the businesses in the Emirates may have to pay more to Indian workers here to prevent them from opting for opportunities back home.

Global management consultancy Hay Group says in a report released here yesterday that the overall wage gap between UAE and Indian salaries will decline by six per cent in 2008, when compared to 2007.

According to data compiled by Hay Group, supervisory level gross salaries were 88 per cent higher in the UAE compared to India in 2005, but declined to 75 per cent in 2007 - and the consultancy is forecasting a further drop to 70 per cent in 2008, driven in part by the rising rupee.

"Companies based in UAE need to be prepared for further appreciation of the rupee and its knock-on effects. We are already seeing indications that more UAE-based Indians are considering their options back home.

"As the pay gap closes, it will be companies that offer clear career paths, attractive training programs and a strong employer brand will retain their key talent," Commenting on the findings Mark Williams, Director of Leadership and Talent Hay Group Middle East and North Africa, said.

Around 70 per cent of the UAE workforce are Indian nationals, attracted by the significantly higher salaries on offer from UAE businesses. This makes the UAE vulnerable to wage inflation in the Indian market.

Source: [url="http://economictimes.indiatimes.com/articleshow/2727398.cms"]http://economictimes.indiatimes.com/art ... 727398.cms[/url][/QUOTE]

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