Hire in Bahrain

Overview of Bahrain

According to a United Nations Economic and Social Commission report for Western Asia in January 2006, Bahrain is economically the fastest growing nation amongst the Arab countries. It is also one of the fastest-growing economic centers in the Middle East. The market in Bahrain is ruled by oil industries, petroleum industries, and aluminum manufacturing units.

Total population – 1,498,712 people (2024)

GDP – US $110.05 billion (2024 estimate)

Economic Overview

The PPP GDP of Bahrain is noted to be around $78.760 billion (29.69 billion BHD) with a per capita income of $52,129 (19,653.96 BHD). But its nominal GDP is less at around $41.607 billion (15.69 billion BHD), and its per capita income is $27,538 (10,382.53 BHD).

Market size 

The private sector in Bahrain is highly developed and is led by the oil and petroleum industry. It is one of the greatest exporters of oil, petroleum and oil and petroleum-based products to the world market. These industries account for 11 percent of the total GDP of Bahrain.

A brief glimpse of the industries -

• The major industries in Bahrain are the oil and gas industries. The majority of the nation's profits are obtained from the export of products manufactured by these industries. Since the outbreak of the COVID-19, Bahrain has been earning great profits from this industry, being one of the few suppliers in the world.

• Tourism is one of the emerging and leading sectors of Bahrain. Bahrain has a rich culture and strong religious views. Tourists from all over the world visit Bahrain which creates numerous job opportunities. The restrictions due to COVID-19 have greatly affected the tourism sector of Bahrain.

• Bahrain is one of the fastest-growing financial centers in the world and has amazing opportunities to offer to talented and skilled individuals. The finance sector of Bahrain has seen steady and outstanding growth, which demands a positive rise in employment opportunities.

Cost of living in Bahrain

Bahrain has a hot and humid climate as it is located in the middle-east. The cost of living majorly includes the air conditioning costs. Bahrain is a beautiful Arab nation with strict religious beliefs.

Below are costs of different factors relating to living in a region:

Cost of Renting

The cost of renting in Bahrain is very less than in the USA. The cost of renting depends on the area of your housing facility and the number of occupants. It also depends on the location and available amenities.

Cost of living depending upon your location 

The cost of living in Bahrain depends on your location. The rural areas in Bahrain have a way cheaper cost of living than the metro cities. To relocate to rural Bahrain is an excellent choice.

• Cities categorized as Tier 1 cities are metropolitan cities like Manama, Riffa, Muharraq, Hamad Town, etc.

• Cities categorized as Tier 2 cities are upcoming centers like A'ali, Isa Town, Sitra, etc.

• Cities categorized as Tier 3 cities are locations with notable growth potential like Jid Ali, Sanabis, Tubli, Al Dur, etc.

Mentioned below are details regarding the cost of living in the leading Tier 1 and Tier 2 cities of Bahrain:

The top sectors that are expected to hire in 2024 in Bahrain are: -

Top skills in Bahrain 

Bahrain has a free-market economy, and the major revenue-generating sector is the oil and petroleum industry. Bahrain is always in search of willing professionals and skilled workers from across the world. Finance officers, mine workers, farmworkers are some of the most in-demand job profiles.

Major skills and areas which have witnessed a recent growth rate 

• Digital marketing
• Sales
• Logistics
• Human Resources
• Tourism

Top skills city-wise occupation-wise

Every city in Bahrain has its own specialty. The employment opportunities are based on the location and what that location has to offer to the national economy. Some cities have a higher employment rate than others based on the working sectors in that city.

• Manama – Manama has the largest oil reserves in the nation of Bahrain. It is the only location having a major oil deposit in the country. These reserves boost job opportunities to the maximum. Skilled professionals are required for mining, manufacturing, warehousing, transportation, and many more sectors to design and conduct a successful export.

• Riffa – Riffa has great financial structures in the city. It is the major financial hub besides Manama in Bahrain. The finance sector in Riffa has excellent job opportunities to offer. Being at the center of the finance sector of Bahrain, Riffa offers a great quality of life.

Hiring Cost 

The cost of hiring is a vital expenditure for a company. A company has to make sure they are not wasting their resources and making adequate use of the provided resources. The cost of hiring include –

• Time invested
• Interview process
• Orientation/Onboarding process
• Personnel
• Opportunity costs

Salary structure for various roles 

The table below highlights the average salaries that are offered to employees in Bahrain according to different sectors:

Employment laws in Bahrain 

Bahrain has strict laws for all aspects of its functioning. Employment is no exception to that. A number of factors are taken into consideration while drafting employment laws in Bahrain. Some of those major aspects are –

• Working hours
• Juvenile employment
• Employment of women
• Holidays
• Wages

The laws and regulations that govern the employment relationships in Bahrain are based upon

• Legislation
• Constitutional laws
• Social Security
• Religious beliefs
• Contracts/Agreements of employment
  

How Can Skuad Help You with Hiring in Bahrain?

Conducting recruitments in Bahrain is a prolonged process that must be completed in light of various laws passed by the government. In order to ensure optimal utilization of resources, you need to partner with experts in the industry. You can utilize Skuad’s unified employment platform  to take care of all your recruitment processes with just one click. Connect with Skuad to know more.