The Cooper Fitch Salary Guide for Technology represents the predicted market-rate salary ranges for new recruits across the Kingdom of Saudi Arabia for 2020.
Advances in technology are disrupting the employment world globally and regionally, and, in Saudi Arabia, governments and businesses are busy recruiting technology professionals to help them navigate the changes. At the same time, many global technology giants are spotting lucrative opportunities in the Gulf’s biggest market and expanding their operations there, with positive implications for hiring in this sector.
For this report, technology jobs include roles within technology companies, vendors, consultancy firms, digital and end-user, which covers all industries.
Technology market-rate salary ranges in the kingdom saw a small increase of around 1-2% on average in 2019 driven by increased competition as professionals jostled to work for the organisations adopting the most cutting-edge technology strategies. We are expecting a 2% increase in salary ranges in 2020.
The kingdom’s two largest cities, Riyadh and Jeddah, currently account for the largest amount of technology recruitment activity and this is expected to continue. In addition, other GCC countries have redirected technology resources to Saudi Arabia in response to Vision 2030 economic diversification initiatives, in turn encouraging technology SMEs and start-ups to launch in the kingdom.
The most in-demand technology roles in 2020 will be in digital, such as online portals and apps, as more companies seek to offer their customers a seamless, digitalised experience. Data scientists, data architects and software developers will also be highly sought after as businesses seek to capture and deploy data-driven insights.
Cybersecurity roles will be another critical function, and professionals with API (application programme interface) skills needed for building open source applications will be in high demand in 2020, our experts add. Meanwhile, CIOs (chief information officers) at large businesses are under pressure to grow profit by making better use of cloud technologies, which is fuelling demand for senior professionals with experience in leading and transforming businesses through cloud computing.
Technology is displacing some jobs altogether. Roles most susceptible to automation are physical ones in-process and routine-driven environments such as factories. Automation could have a positive impact, though, as it will require specialist staff to develop the technologies needed to facilitate change, our experts note.
Businesses are increasingly looking to capitalise on the Internet of Things (IoT), the concept of everyday devices wired up to the internet to smooth everyday living. Businesses are also looking to adopt platforms to enable the Internet of Things (IoT), the concept of everyday devices wired up to the internet to smooth everyday living, which is prompting demand for network engineers across UAE firms.
To attract the best candidates, businesses should seek exciting ways of using technology to support business growth, as jobseekers in this sector are competing for experience in implementing the latest advances in order to develop their careers.
Download the full Technology Salary Guide 2020 here
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