What is a good salary package in Qatar?
Salary raises across Qatar in 2016 to be lowest in five years
Qatar employers are expected to show more restraint when doling out raises in 2016 compared to past years thanks to a slowing economy, a new report has found.
Qatari families earn almost three times as much as expats
The average Qatari household earns QR72,700 ($19,918) a month, nearly three times the average expat household income of QR24,400 ($6,685), new figures from the Ministry of Development and Planning Statistics (MDPS) show.
Why Paying A Good Salary In Qatar Is Not Always Enough
According to The HSBC Expat Explorer Report for 2014, Qatar ranks at 13th out of 34 countries as the best expat destinations to relocate.
Our studies show that the biggest threat to an expats financial stability in Qatar is the increase in housing rentals. In Qatar, an average of 40% of an expats salary is going toward rental. This is compared to the global average of 19%.
What is a good Salary and package?
Well it all depends on your particular situation
Here’s a rough guide:
Single:
9,000-10,000 QAR Basic Salary
7,500 QAR with Company Accomodation
1,500 QAR transportation (your package should include health care coverage, and furniture allowance (if applicable) and plane tickets home)
Note:
Sadly construction workers and house hold helpers getting below 1000 QAR. Most firms in Qatar offering below 1500 QAR to Drivers.
For Family (A couple with no children or 1 small child):
12,000 QAR basic salary
7,500 QAR housing allowance
1,500 QAR Transportation allowance
Your package should also include a furniture allowance, health and Medical Coverage, free tickets to your home country per year for at least yourself, spouse, and three children.
Also if your child is in school you will need a subsidy on their education.This will allow you to live in a modest 2-bdrm apartment with a decent lifestyle and allow you to save some money per month – that amount will be dependent on yourself.
Note:
If your needs to bring your family to Qatar you should have basic slary 12,000 QAR as per rules.
If you want to live in a Villa
16,000 QAR basic salary
13,000 QAR housing allowance (at least)
1,500 QAR transportation
All the above benefits. This should allow you to live very well and comfortably with money to save.
If you want the lavish lifestyle with a large posh villa
40,000 QAR + Basic Salary
30,000 QAR (minimum) housing allowance – often at this level housing is provided
2,400-3,500 QAR transportation allowance
Cost of Living in Doha
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Credit: Qatar Day
URL:http://www.qatarday.com/blog/information/what-is-a-good-salary-package-in-qatar/18897