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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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Want a productive workforce? Focus on employees’ well-being

HR Digest

That means more than just having a program here or there, but a corporate reset of how to measure success and reward employees. . 60% of CHROs say their companies plan to increase support for well-being and mental health of the workforce. Prioritize well-being and mental health. PwC Pulse Survey, September 3, 2020.

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7 strategies for a successful total rewards program

Insperity

A total reward program is a comprehensive offering by organizations to their employees consisting of compensation, benefits, wellbeing programs, career development opportunities, and recognition initiatives. Find out what competitors are offering to their own employees to spark ideas for how you can stand out.

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Cost of Living Bonuses for Employees in the UK: What Employers Need to Know

Empuls

A cost of living bonus, often referred to as a COLA (Cost of Living Allowance) or a living wage supplement, is a financial incentive provided by employers to help their employees offset the rising costs associated with living in a specific location or region. Utility bills : Energy costs, including electricity and gas bills, were a concern.

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Navigating Inflation and the Strategic Role of Employee Benefits

Benefit Resource Inc.

Understanding the Inflation Challenge Inflation, the rise in the general price level of goods and services, has a profound impact on employees’ purchasing power. As prices increase, the real value of salaries diminishes, making it more challenging for individuals to maintain their standard of living.

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12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Employees are the fuel to any organization, and when their needs are met, they perform better and stay engaged and happier in their jobs. What are Employee Perks? Employee perks refer to additional benefits, incentives, or advantages provided by an employer to their employees, beyond the basic salary and standard benefits.

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Managing Employee Benefits in Payroll: A Strategic Guide

Hppy

The orchestration of payslips , which encompasses an intricate ensemble of perks and allowances, is integral to the holistic well-being of employees and plays a pivotal role in this endeavor. These benefits significantly impact job satisfaction and overall well-being, reflecting a company’s commitment to supporting its employees.

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