Abstract

The year 2020 has turned the world upside down with the outbreak of the disease COVID 19. It forced the companies to shift their work focus from office to work from home. Every sector of the economy got affected by the pandemic and a financial crisis was faced by almost every firm. To deal with the financial crisis, many firms have altered their compensation packages. The world of The Middle East is nowhere left behind. The firms of GCC (Gulf Cooperation Council) countries known for their attractive pay packages were forced to make modifications, adjustments, and variations to their compensation. The current paper analyzes various amendments made by firms in the Gulf Countries like Saudi Arabia, Kuwait, UAE, Qatar, Oman, and Bahrain to their compensation management system to cope with the challenges of the pandemic. It also highlights the remittances provided by the governments of these countries to tackle the situation.

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