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As the talent landscape in the Middle East evolves, the remuneration agenda within the GCC continues to shift to place greater focus on attracting a global workforce, retaining key talent and incentivising strong performance. To ensure that companies maintain their competitive edge, a clear and well-defined reward strategy is fast becoming a key priority. 

Remuneration in the Middle East is increasingly moving away from short-term cash compensation, towards adoption of long-term incentives. 

This has been driven by three factors:

  • Attracting leading talent in a globally competitive market where long-term incentive plans are the norm
  • Creating better alignment between executive management and the organization’s long-term strategy, and stakeholder/shareholder interests
  • Ensuring compliance with increasing regulations requiring the deferral of compensation in some sectors

Deloitte’s Reward Advisory practice advises clients on all aspects of executive and senior management reward strategies, incentive plan design and implementation services – ensuring alignment of remuneration with corporate objectives, market practice and regulatory requirements, where relevant. 

Our integrated team provides support at all stages of strategic reward design and implementation, and includes remuneration and share plan experts, tax advisors, accounting and valuations specialists, actuaries and lawyers across a global footprint.