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Beyond Salary: Strategies to Attract and Retain Top Talent In the UAE

Bayzat

Factors Contributing to the UAE’s Talent Shortage Despite its thriving economy, below are factors contributing to the scarcity of UAE talent in the workforce: Unexpected Salary Expectations The 2022 Hays GCC Salary Guide shows that 21% of employers in the UAE struggle with candidates’ unrealistic salary demands.

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Leveraging Stay Interviews and Low-Cost Benefits for Improved Employee Retention

PeopleStrategy

Here are some key benefits of stay interviews: Insight Generation : Stay interviews offer a platform for employees to voice their opinions, concerns, and aspirations in a constructive manner. Sure, competitive salaries and lavish perks are attractive, not all organizations have the budget to offer extravagant benefits packages.

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How HR can give your company’s employee retention strategy a boost

Insperity

Training and development To feel comfortable staying with a company for the long haul, employees want to know that they have a viable career path there, with opportunities for internal mobility and continual learning and development of their skills. Employee feedback Once you conduct an exit interview with an employee, it’s too late.

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8 Employee Retention Strategies in the Banking Sector Ensuring Stability and Growth

Empuls

Underlying causes of high turnover in the banking sector Compensation and recognition : for front-line staff, seeking better remuneration prospects and recognition often drive attrition. Entry-level employees, in particular, are motivated by salary hikes.

Banking 40
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Success stories: Companies excelling in employee engagement

Higginbotham

Employee Benefits : Google offers generous employee benefits packages, including parental leaves that encompass maternity, paternity and adoption leave. Compensation and Benefits: Southwest Airlines uses compensation and benefits as a pillar of their strategies for recruitment, engagement and retention.

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Employee retention strategies to overcome the Great Resignation

Business Management Daily

Consider offering long-term remote or hybrid work arrangements for employees that prefer telecommuting. In addition to decreasing employee turnover, allowing remote work can also boost productivity. Improve employee benefits offerings. Employee recognition. Conduct regular employee and salary reviews.

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10 Most Important Functions of Human Resource Management (HRM)

Qandle

Performance appraisal involves evaluating employee performance against these established goals and providing feedback on strengths, areas for improvement, and development opportunities. Competitive compensation packages are crucial for attracting skilled candidates and ensuring employee contentment and longevity.