A new survey has revealed that 75% of UAE employees anticipate receiving a bonus in 2025, marking a significant increase from 68% in 2024. The survey, conducted by YouGov for Zurich International Life, highlights a growing sense of financial security among residents, driven by the UAE’s strong economic growth.
Savings, Travel, and Skill Development Top Spending Priorities
Financial planning appears to be a key focus for many UAE residents:
- 68% plan to save at least a portion of their bonus, reinforcing a trend toward long-term financial security.
- 60% intend to spend their bonus on travel and holidays, highlighting a post-pandemic emphasis on experiences.
- 27% aim to invest in skill-building and career development, showing a growing commitment to professional growth.
“As financial awareness grows across all generations, it is evident that UAE residents are becoming more proactive in managing their money,” said David Denton-Cardew, Head of Propositions at Zurich International Life Middle East.
Generational Breakdown: Gen Z Leads in Saving Habits
The survey also revealed differences in spending habits among various age groups:
- Gen Z (18-24 years old): 31% plan to save their entire bonus, showcasing a strong commitment to financial security.
- Millennials (25-34 years old): 63% will save most or all of their bonus, balancing financial planning with lifestyle needs.
- Older residents (45+ years old): 52% plan to save a portion, reflecting a more flexible approach that accommodates both savings and other priorities.
High-Growth Sectors Offer Larger Bonuses
According to a separate Cooper Fitch survey, professionals in technology, banking, healthcare, and consultancy received some of the highest bonuses in 2024, with payouts reaching up to six months’ salary for certain roles. The trend is shifting toward performance-based rewards, focusing on individual contributions rather than team-based incentives.
Rising Confidence in Financial Stability
The survey found that 68% of residents feel financially confident, but those who seek professional financial advice report even greater security, with 79% feeling optimistic about their future.
Additionally, 75% of expatriates in the UAE feel they will have enough funds for retirement. However, the study also identified a potential retirement savings gap, as 65% rely on workplace savings or gratuity, possibly underestimating their long-term needs.
Increase in Financial Advisory Consultations
With growing financial awareness, more UAE residents are seeking professional guidance. The study found that financial advisory consultations rose from 39% in 2024 to 55% in 2025, indicating a stronger focus on wealth management and long-term planning.
As the UAE economy continues to expand, employees are taking a more strategic approach to managing their earnings, balancing immediate spending with future financial security.
