{"id":94451,"date":"2024-05-23T06:00:25","date_gmt":"2024-05-23T06:00:25","guid":{"rendered":"https:\/\/api.dulsco.com\/?p=94451"},"modified":"2024-08-19T10:42:29","modified_gmt":"2024-08-19T10:42:29","slug":"uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent","status":"publish","type":"post","link":"https:\/\/api.dulsco.com\/ar\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/","title":{"rendered":"UAE: More companies offering bonuses as ‘key tool’ to retain talent"},"content":{"rendered":"

According to some experts, the topic is brought up by potential employees as early as the second meeting during the recruitment process.<\/p>\n

 <\/p>\n

Several companies in the UAE are willing to shell out bonuses to attract and retain talent, according to recruitment experts in the country.<\/p>\n

 <\/p>\n

\u201cEmployers in the country and the region are increasingly using bonuses as a key tool to attract talent with some statistics suggesting up to a 35 per cent increase this year over 2022,\u201d said Aparna Navin from Holcim Group.<\/p>\n

 <\/p>\n

The comments come a week after Emirates announced a whopping 20 weeks\u2019 worth of bonus to its employees on the back on record-breaking results. Earlier in the year, another airline FlyDubai had also offered its workers a bonus of 22 weeks\u2019 worth of pay.<\/p>\n

 <\/p>\n

Some say that bonuses are becoming more common. \u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent. \u201cCompanies want to retain their best talent, and bonuses and long-term incentives \u2013 such as clear career development pathways into senior roles and family support such as education allowances \u2013 are at the forefront of recruitment related discussions about benefits.\u201d<\/p>\n

 <\/p>\n

However, a recent poll by Khaleej Times indicated that an overwhelming majority of private sector employees in the UAE haven\u2019t received a bonus in the recent past and don\u2019t expect to this year.<\/p>\n

 <\/p>\n

In the Whatsapp poll, 6,000 respondents said they haven\u2019t received a bonus this year as opposed to 900 who did receive.<\/p>\n

 <\/p>\n

Discussing bonuses<\/strong><\/p>\n

According to some experts, the topic of bonus is brought up by potential employees as early as the second meeting during the recruitment process.<\/p>\n

 <\/p>\n

\u201cWe find that bonuses and how they are achieved are one of the most frequently mentioned benefits during the recruitment process,\u201d said Tiago Costa, CEO of Parisima Talent.<\/p>\n

 <\/p>\n

\u201cThe discussions around bonuses will focus on two things primarily \u2013 how a bonus is calculated and how do people achieve it. They discuss how the split will be if it\u2019s a team bonus, does duration at the company play any factor in the amount and then also, when will it be paid,\u201d Costa added.<\/p>\n

 <\/p>\n

Another recruitment expert says that bonuses increase the attractiveness of certain job offers.<\/p>\n

 <\/p>\n

\u201cCandidates frequently highlight the extra benefits, notably bonuses, they presently enjoy at their jobs and use these as a benchmark when considering new job opportunities,\u201d said Sukhada Kulkarni from Elista Consultancy Services DMCC.<\/p>\n

 <\/p>\n

\u201cThese discussions often delve into the structure and frequency of bonus payouts, eligibility criteria, performance metrics linked to bonuses, and the possibility of discretionary or guaranteed bonuses. Some candidates are also interested in knowing how bonuses complement their overall compensation packages,” Kulkarni said.<\/p>\n

 <\/p>\n

The trend in bonuses<\/strong><\/p>\n

Although bonuses were initially only offered to C-suite executives, that trend is now changing.<\/p>\n

 <\/p>\n

\u201cSince 2021, there has been a notable expansion in their application to mid-level and junior-level positions,\u201d said Navin.<\/p>\n

 <\/p>\n

Costa said offering bonuses to retain employees was a \u201cno-brainer\u201d. \u201cA well-structured, well-honoured bonus programme can incentivise talent to stay,\u201d he said. \u201cIt\u2019s the carrot that wins every time.\u201d<\/p>\n

 <\/p>\n

Kulkarni said she has also noticed a similar trend.<\/p>\n

 <\/p>\n

\u201cWe’ve observed that in today’s competitive job market there is a notable increase in performance-based bonuses. It’s becoming increasingly common for organizations to include bonuses as a component of their compensation packages, recognizing the value of rewarding employees for their contributions and incentivising them to stay,” she said.<\/p>\n

 <\/p>\n

“This approach not only helps retain skilled individuals but also fosters a culture of performance and loyalty within the workforce.\u201d<\/p>\n

 <\/p>\n

Kind of bonuses<\/strong><\/p>\n

The nature of bonuses also differ based on company and roles.<\/p>\n

 <\/p>\n

\u201cSo in terms of the bonuses within the recruitment industry itself \u2013 we see that recruitment companies deliver commissions on a monthly or quarterly sales achievement,\u201d said Costa. \u201cWe still see a lot of roles with an end-of-year bonus based on company earnings, and companies with more intricate role requirements have a signing-bonus or a 6-month in role bonus.\u201d<\/p>\n

 <\/p>\n

According to Navin, some companies are even rethinking their bonus structures.<\/p>\n

 <\/p>\n

\u201cWith companies wanting the gen-next for their business continuity, attracting the right talent requires organisations to think differently,\u201d she said. \u201cUAE companies have revamped their bonus structures to better align with the expectations of younger employees who value immediate and tangible rewards.\u201d<\/p>\n

Source: khaleejtimes<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

According to some experts, the topic is brought up by potential employees as early as the second meeting during the recruitment process.   Several companies in the UAE are willing to shell out bonuses to attract and retain talent, according to recruitment experts in the country.   \u201cEmployers in the country and the region are … <\/p>\n

Continue reading “UAE: More companies offering bonuses as ‘key tool’ to retain talent”<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":94452,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"better_featured_image":{"id":94452,"alt_text":"","caption":"employer encouragement","description":"employer encouragement","media_type":"image","media_details":{"width":901,"height":410,"file":"2024\/05\/bonuses-to-retain-talent.png","filesize":446241,"sizes":{"medium":{"file":"bonuses-to-retain-talent-300x137.png","width":300,"height":137,"mime-type":"image\/png","filesize":72017,"source_url":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonuses-to-retain-talent-300x137.png"},"thumbnail":{"file":"bonuses-to-retain-talent-150x150.png","width":150,"height":150,"mime-type":"image\/png","filesize":42063,"source_url":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonuses-to-retain-talent-150x150.png"},"medium_large":{"file":"bonuses-to-retain-talent-768x349.png","width":768,"height":349,"mime-type":"image\/png","filesize":335817,"source_url":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonuses-to-retain-talent-768x349.png"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":94451,"source_url":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonuses-to-retain-talent.png"},"acf":{"breadcrumbs":false,"author_name":"","short_description":"","listing_image":{"ID":94502,"id":94502,"title":"bonus","filename":"bonus.png","filesize":227684,"url":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus.png","link":"https:\/\/api.dulsco.com\/ar\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/bonus\/","alt":"","author":"8","description":"","caption":"","name":"bonus","status":"inherit","uploaded_to":94451,"date":"2024-05-29 08:16:24","modified":"2024-05-29 08:16:24","menu_order":0,"mime_type":"image\/png","type":"image","subtype":"png","icon":"https:\/\/api.dulsco.com\/wp-includes\/images\/media\/default.png","width":376,"height":450,"sizes":{"thumbnail":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus-150x150.png","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus-251x300.png","medium-width":251,"medium-height":300,"medium_large":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus.png","medium_large-width":376,"medium_large-height":450,"large":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus.png","large-width":376,"large-height":450,"1536x1536":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus.png","1536x1536-width":376,"1536x1536-height":450,"2048x2048":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus.png","2048x2048-width":376,"2048x2048-height":450,"post-thumbnail":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonus.png","post-thumbnail-width":376,"post-thumbnail-height":450}},"news_slider":false,"detailed_description":"","news_title":"Other News & Blogs","select_other_category_news":""},"yoast_head":"\nUAE: More companies offering bonuses as 'key tool' to retain talent - Dulsco<\/title>\n<meta name=\"description\" content=\"\u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE: More companies offering bonuses as 'key tool' to retain talent - Dulsco\" \/>\n<meta property=\"og:description\" content=\"\u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/\" \/>\n<meta property=\"og:site_name\" content=\"Dulsco\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-23T06:00:25+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-19T10:42:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonuses-to-retain-talent.png\" \/>\n\t<meta property=\"og:image:width\" content=\"901\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Gin dulsco\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gin dulsco\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/\",\"url\":\"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/\",\"name\":\"UAE: More companies offering bonuses as 'key tool' to retain talent - Dulsco\",\"isPartOf\":{\"@id\":\"https:\/\/api.dulsco.com\/#website\"},\"datePublished\":\"2024-05-23T06:00:25+00:00\",\"dateModified\":\"2024-08-19T10:42:29+00:00\",\"author\":{\"@id\":\"https:\/\/api.dulsco.com\/#\/schema\/person\/616ff6a0ce965c32db72afd2a614318c\"},\"description\":\"\u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent.\",\"breadcrumb\":{\"@id\":\"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/#breadcrumb\"},\"inLanguage\":\"ar\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/api.dulsco.com\/ar\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UAE: More companies offering bonuses as ‘key tool’ to retain talent\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/api.dulsco.com\/#website\",\"url\":\"https:\/\/api.dulsco.com\/\",\"name\":\"Dulsco\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/api.dulsco.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"ar\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/api.dulsco.com\/#\/schema\/person\/616ff6a0ce965c32db72afd2a614318c\",\"name\":\"Gin dulsco\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"ar\",\"@id\":\"https:\/\/api.dulsco.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5c219c32431f9dbafbbfd1c05b3f2bb6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5c219c32431f9dbafbbfd1c05b3f2bb6?s=96&d=mm&r=g\",\"caption\":\"Gin dulsco\"},\"url\":\"https:\/\/api.dulsco.com\/ar\/author\/gin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UAE: More companies offering bonuses as 'key tool' to retain talent - Dulsco","description":"\u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"ar_AR","og_type":"article","og_title":"UAE: More companies offering bonuses as 'key tool' to retain talent - Dulsco","og_description":"\u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent.","og_url":"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/","og_site_name":"Dulsco","article_published_time":"2024-05-23T06:00:25+00:00","article_modified_time":"2024-08-19T10:42:29+00:00","og_image":[{"width":901,"height":410,"url":"https:\/\/api.dulsco.com\/wp-content\/uploads\/2024\/05\/bonuses-to-retain-talent.png","type":"image\/png"}],"author":"Gin dulsco","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Gin dulsco","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/","url":"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/","name":"UAE: More companies offering bonuses as 'key tool' to retain talent - Dulsco","isPartOf":{"@id":"https:\/\/api.dulsco.com\/#website"},"datePublished":"2024-05-23T06:00:25+00:00","dateModified":"2024-08-19T10:42:29+00:00","author":{"@id":"https:\/\/api.dulsco.com\/#\/schema\/person\/616ff6a0ce965c32db72afd2a614318c"},"description":"\u201cBonus structures of all kinds are becoming more commonplace and not just for the C-Suite roles,\u201d said Tiago Costa, CEO of Parisima Talent.","breadcrumb":{"@id":"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/#breadcrumb"},"inLanguage":"ar","potentialAction":[{"@type":"ReadAction","target":["https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/api.dulsco.com\/uae-more-companies-offering-bonuses-as-key-tool-to-retain-talent\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/api.dulsco.com\/ar\/"},{"@type":"ListItem","position":2,"name":"UAE: More companies offering bonuses as ‘key tool’ to retain talent"}]},{"@type":"WebSite","@id":"https:\/\/api.dulsco.com\/#website","url":"https:\/\/api.dulsco.com\/","name":"Dulsco","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/api.dulsco.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"ar"},{"@type":"Person","@id":"https:\/\/api.dulsco.com\/#\/schema\/person\/616ff6a0ce965c32db72afd2a614318c","name":"Gin dulsco","image":{"@type":"ImageObject","inLanguage":"ar","@id":"https:\/\/api.dulsco.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5c219c32431f9dbafbbfd1c05b3f2bb6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5c219c32431f9dbafbbfd1c05b3f2bb6?s=96&d=mm&r=g","caption":"Gin dulsco"},"url":"https:\/\/api.dulsco.com\/ar\/author\/gin\/"}]}},"_links":{"self":[{"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/posts\/94451"}],"collection":[{"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/comments?post=94451"}],"version-history":[{"count":3,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/posts\/94451\/revisions"}],"predecessor-version":[{"id":94504,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/posts\/94451\/revisions\/94504"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/media\/94452"}],"wp:attachment":[{"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/media?parent=94451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/categories?post=94451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/api.dulsco.com\/ar\/wp-json\/wp\/v2\/tags?post=94451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}