Middle East: Top earners fear redundancy

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} In the current global economic crisis, even top earners are not certain of keeping their jobs, according to a survey by a Middle East business magazine.   In January, The English-language weekly Arabian Business surveyed over 3000 top professionals earning over $300,000 a month. Four out of ten said they were anxious about keeping their job during 2009, including an aviation company director who had been in post for over five years.   Eight out of ten respondents were based in the United Arab Emirates, with two out of ten in Bahrain. Interestingly, all of those who were worried about their job security worked in the UAE, although the industries in which they specialised varied from healthcare to banking.   On the subject of pay, 40 percent did not expect an increase to their already substantial pay packet in 2009, although another 40 percent expected at least a ten percent pay rise.   *┬á┬á┬á┬á┬á┬á┬á┬á┬á *┬á┬á┬á┬á┬á┬á┬á┬á┬á *