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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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Unlocking Insights: The Ultimate Survey Question Template Blog

Vantage Circle

How well does the company address and support employee financial wellness? Do you value monetary benefits (such as salary, and bonuses) or non-monetary benefits (such as flexible work arrangements, and professional development opportunities) more in your overall job satisfaction and well-being?

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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

Customer Satisfaction: The connection between employee engagement and customer satisfaction is profound. Employee engagement can shape the attitudes, behaviors and interactions of employees with customers. While these companies operate in diverse industries, the strategies they use to engage employees are similar.

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10 Basic Employee Needs And How To Meet Them

Vantage Circle

Regularly accessing your employees' salaries ensures that your salaries are competitive and live up to the benchmarks against the industry average. Regular assessment of salaries will give you confidence in your organization and discourage employees from looking elsewhere to fulfill their basic needs.

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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.