Dubai - Base & Bonus

Would anyone who is actually in the region / worked there in the last 2-3 years be able to comment on the total comp and the comp structure there?


By comp structure, I mean the split between Base, Bonus and other allowances. I have an offer from a smaller shop which is known to match the comps of BB/EBs and want to have some fresh data points.

 

you are a great example of what's wrong with this forum. You come here asking for salary info but don't provide your own input. How about you share yours first and then ask others? ffs such a c*nt

 

OP says he has an offer. Usually, offers do state Base salary and a target bonus %. 

 

This is at a shop where I interned at another city in a different region. They are giving me an option to choose to join full time either in that city, or in the Middle East.

I am yet to have the conversation with the HR about the details of both the offers, and I posted in this forum, so as to go into that meeting well informed.

But sure, feel free to take it out on someone for expecting to get some data points :)

 

OP here. Now that I have the details from the firm I'm working at, and another two firms where I got offers from, here are the salary details. However, I still don't have proper data points about bonus. Maybe I'll try to cover it after my first bonus cycle.

Base pay : Anywhere from 95k usd to 110k usd depending on the firm. Remember in middle east terms this number equals both your base pay and housing allowance. ie, the money you get in your bank account every month. Obviously no income tax in dubai. But if you're a US and, you might owe some taxes on anything you earn over 100k I think. Not sure about the proper numbers, but you can easily find them online.

 

That's really nice considering the fact that you'll pay way less in taxes.

Do you know what the IB culture is generally like over there? Better than say NYC?

I mean u just got an offer but in case you know….

Do you have to be well versed with the language there? I’d imagine most deals from around the Middle East ?

 
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