Monday, December 1, 2008

Salaries and Costs in Kuwait

I've had a couple of people ask me lately about standard salaries in Kuwait. The different information they receive is staggering apparently, and Google rendered only one relevant article. I know there is a large differentiation in payscales for westerners and non-westerners but that is still too broad a description to help. There are some who get paid more due to the vasta they have with their employers and others who are being paid way below what they deserve. After I filled out my details on, it said "Our database is growing very quickly, so we hope to be able to satisfy your request for a personal salary report soon. In order to do so, we need more employees in your industry and your location in our database, so please encourage your colleagues to visit us ".
Other than that, current costs have increased here due to , which was followed by government action which happened for the locals, but many others didnt get it and the private sector definitely didnt endorse it. Later in June 2008, another 50 KD approval for Kuwaitis which actually caused the inflation to worsen. So now, studio apartments are no lesser than 200 KD- Its hard to find studio apartments except in Spanish Villas and such with facilities like a pool and Gym. A one bedroom apartment is easily 200 to 250 KD which is what an excellent 2 bedroom place in salmiya by La Baguette on Baghdad Street cost me in Feb 2008. Now it takes alot of searching but I do know of 290 KD two bedroom apartments and 350- KD three bedroom apartments.
It would be helpful for you and others if you anonymously jot down your information, blogger allows you to do so anonymously if you will as well.
I'm sure an anonymous summary of our sals, Ethnicity + # of years in work experience; and monthly expenditures can allow us to share perspectives and perhaps gain insight on where we stand and how to better ourselves.
Update: I'm no longer as brave as to scream out the privacies of my bank accounts so I shall be one of the anonymous commentors who (if any) state it below......

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