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What employees expect from benefits packages

Business Management Daily

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal.

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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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Employee Retention 101: Everything You Need to Know to Keep Your Best People

Empuls

Here are some of the most common reasons:  Compensation and benefits: Employees want to feel their hard work is valued.    Uncompetitive salaries, a lack of benefits, or benefits that don't meet their needs can lead them to seek opportunities elsewhere. But feedback shouldn't be an annual event.

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Top Reasons Why Candidates Reject Job Offers

HR Lineup

Compensation and Benefits One of the most common reasons candidates turn down job offers is inadequate compensation and benefits packages. Additionally, candidates also consider benefits such as health insurance, retirement plans, and vacation time.

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How Employees Can Maximize Efficiency Through the ESS Portal

Bayzat

Payroll Management View payslips, salary breakdown, and tax information securely. Update bank details and request salary advances if applicable. Benefits Enrollment Choose and manage health insurance, pension plans, and other benefits electronically.

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What is Positive Reinforcement and Why does it Matter?

Empuls

‍ Hygiene: This includes factors like security, health insurance, competitive salary, efficient supervisors, and other expected standards. Several studies validate: Businesses encouraging growth and providing excellent benefits packages have higher employee satisfaction rates and minimal attrition.

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

Empuls

Entry-level employees, in particular, are motivated by salary hikes. Competitive compensation and benefits One of the primary reasons employees leave their jobs is inadequate compensation. Employee wellness programs Employee wellness programs can contribute significantly to retention by addressing physical and mental health concerns.

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