Career advancement opportunities and job security, rather than salary, are the two most important factors to retain employees for longer in the Gulf, according to a new poll study conducted by Monster. When asked which benefits will help retain them for longer in an organisation, 39 percent of GCC-based respondents said career development opportunities, 24 percent said job security, while only 17 percent said base pay/salary.
A further 12 percent of respondents said learning and development was important and 8 percent said flexible work arrangements. The poll was conducted in September with a sample of 260 respondents from the GCC countries, Monster said. Sanjay Modi, managing director, Monster.com (India, Middle East, South East Asia and Hong Kong) said: "Career advancement is becoming a core part of employee work commitment and job satisfaction.
"We are thrilled to see that career advancement opportunities are taking precedence over salary considerations as this indicates the sophistication of the workforce and employee commitment towards developing better skills and consequently, advancement of their career in the region." In a previous poll conducted by Monster during August, 26 percent of respondents from the GCC said that they never feel appreciated at work, while 38 percent said they occasionally feel appreciated.
"Companies need to invest more in their staff if they want to keep them for longer," added Modi. "Many a time there are compelling business reasons playing the spoilsport yet promotion plays a huge role in showing appreciation and employee value."
Source: Arabian Business