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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.

Salary 52
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Top Reasons Why Candidates Reject Job Offers

HR Lineup

Salary remains a critical factor for many job seekers, and if the offered remuneration does not align with their expectations or industry standards, candidates may opt for other opportunities. Additionally, candidates also consider benefits such as health insurance, retirement plans, and vacation time.

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It’s time to review your compensation strategy

Business Management Daily

Some top brass there thinks offering a base salary noticeably above that posted in the job descriptions of competitors is the ticket to attracting top performers. They worry such a measure will leave insufficient funds to give raises to existing workers, which would lower employee engagement and jeopardize retention.

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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.

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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. Change in business approach : changes in business models, leadership, and shifts in the approach to wealth management can prompt employees to seek more stable and lucrative opportunities elsewhere.

Banking 40
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BambooHR Review & Deep Dive

Bayzat

Bayzat streamlines the entire payroll process, from calculating salaries and deductions to generating payslips and facilitating direct deposits. This efficiency ensures that clients can manage payroll with ease and accuracy, reducing the risk of errors and delays in salary disbursements. Bayzat presents some intriguing alternatives.

Payroll 52
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Employee Retention 101: Everything You Need to Know to Keep Your Best People

Empuls

  Understanding why employees leave is the first step to keeping them. Here are some of the most common reasons:  Compensation and benefits: Employees want to feel their hard work is valued.  According to Gallup, pay/benefits is the most common reason employees left their job in 2022.