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PAI mulling increase in salary to prevent workers leaving
January 11, 2018, 5:46 am

Public Authority for Investment (PAI) has been considering a new solution to prevent an exodus of workers to other agencies where they can get better entitlements, reports Al-Jarida daily.

The daily quoting a source noted the authority has long been working toward increasing salary packages of its workers to prevent them from moving to other agencies.

The officials are of the view that the idea of increasing salaries alone cannot completely discourage the workers from moving to other agencies, because those agencies also pay staff certain allowances and incentives that are not paid by the investment authority – even as it’s still serious about finding lasting solution to the problem.

He explained the authority is bearing a huge cost in sending the staff on training courses, which is also considered an incentive. He said the Training Department always sends forms to its workers to fill their need for training programs in the next few years.

However, the authority is not benefiting much from experience acquired in those training courses, because the aspects that should be covered are constantly updated. The training courses have also become two-edged sword, indicating the knowledge acquired in training expands the coast of operation in investment and financial activities, which make them attractive to other agencies that offer better conditions of service.

Source: Arab Times

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