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All well in office? Employees care about more than just their salaries


Diego Carrete
Diego Carrete
  • English
  • Arabic

January 22, 2024

Towards the end of the Covid-19 pandemic, companies all around the world began to talk more about employee wellness. Reports appeared about the "Great Resignation", with PWC’s poll of 52,000 workers in 44 countries, titled the "Hopes and Fears" survey, that noted one in five people were likely to change jobs in the following year. The reasons were varied.

Remuneration was no longer the sole focus, for example, of Gen Z – employees born between 1996-2010. On top of their list was community, flexibility and freedom of choice. They felt there were other job options on the table and so they nudged companies to prioritise work-life balance and championed the importance of mental and physical health and wellness.

Wellness is not just a trendy buzzword. It is a vital component in employee retention, attraction and in fostering a healthier, more productive workforce. By definition, wellness is the act of practicing healthy habits daily to attain better physical and mental health. And as the demands and expectations at the workforce evolve, so must the approach of companies to employee well-being.

There are several technology companies doing it right. Google, Microsoft and Salesforce are some of the leaders in this space. These organisations focus on giving employees support in multiple areas of their lives. Google for example, has wellness centres on site and provides fitness, well-being and cooking classes on-demand.

This is not only through good compensation and career progression, but by incorporating an internal mechanism that puts wellness at the top of the list

While most companies do not have the resources to offer such perks, they can create company-wide systems to support employee health. Some organisations in the UAE, for instance, offer employees support based on their fitness levels, with funded opportunities to take part in fitness events throughout the UAE, such as the Adnoc Marathon in Abu Dhabi and Dubai's 30-day fitness challenge for 30 minutes a day, or Dubai 30x30.

These are all steps in the right direction. According to McKinsey research, or their Great Attrition Study: “The Covid-19 pandemic has led more and more people to re-evaluate what they want from a job – and from life – which is creating a large pool of active and potential workers who are shunning the traditionalist path.”

Much of this remains true even as many parts of the world have bounced back from the pandemic.

In the US alone, the voluntary quit rate is 25 per cent higher than pre-pandemic levels, and McKinsey notes that many companies are likely to find that “job openings will persist in crucial positions,” an issue that can’t be resolved by reshuffling the current workforce. This begs the question: how do companies adapt to retain their staff?

While workplace flexibility and meaningfulness of one’s work are seen as the main factors in keeping employees happy, this is brought to life by the employer’s ability to actively foster a healthy community, a sense of belonging and well-being within the workplace, while being inclusive and highlighting support among colleagues. Companies can do this by giving employees a shared purpose. This could be done by incorporating well-known fitness and wellness events as part of their annual calendar and having a wellness team that works with employees to reach their goals, whether a half marathon or a park run.

Runners at the Adnoc Marathon in Abu Dhabi. Khushnum Bhandari / The National
Runners at the Adnoc Marathon in Abu Dhabi. Khushnum Bhandari / The National

Employee wellness, however, goes far beyond offering gym memberships or the occasional yoga class. It encompasses physical, mental, and emotional health, and it has a profound effect on job satisfaction, engagement and retention. For example, one study found that 90 per cent of business leaders have seen an improvement in performance and productivity when they’ve implemented wellness practices.

This is not only through good compensation and career progression, but by incorporating an internal mechanism that puts wellness at the top of the list. At some of the companies who do it right, employee’s nutrition, lifestyle, mental health, exercise and ergonomics are considered. Employees at First Abu Dhabi Bank have access to a suite of specialists through an internal portal, where they can follow programmes based on their needs.

In order to attract, retain and look after its employees, company leadership should be focused on a long-term approach and work on a better employee value proposition.

In his book, The Infinite Game, Simon Sinek discusses how to play the infinite game in business, which also applies to health.

Playing the infinite game of health involves a shift in perspective from short-term gains to long-term well-being. It's about understanding that good habits take time to create. By focusing on health, wellness and community, companies will over time foster better cultures.

In a fast-paced world, the pursuit of health is often viewed as a finite game – a short-term objective with a clear endpoint. Sinek discusses the idea of infinite games versus finite games. Applying this mindset to health can lead to more sustainable and holistic approaches to well-being. Companies can do the same to support their employees build the best versions of themselves towards and actively seek more support and embrace change.

In the post-Covid era, the region is moving further into the direction of health, wellness, purpose and longevity. Many more employees don’t value money if they don’t have the time.

In order to achieve growth and retain top talent, evidence shows it’s important for companies to take on the responsibility of employee wellness. Organisations need to look past traditional approaches, such as providing employees with an individual wellness budget, where one’s approach to health could be sporadic and without clear support towards implementation.

Wellness is key in tying this together, retaining confidence and driving organisations forward. Wellness education also extends out of the workplace and to homes, which means employees naturally inspire and encourage younger generations and their peers to understand that in the infinite game of health, the goal is not simply to win but to keep playing.

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 
Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

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Stuck in a job without a pay rise? Here's what to do

Chris Greaves, the managing director of Hays Gulf Region, says those without a pay rise for an extended period must start asking questions – both of themselves and their employer.

“First, are they happy with that or do they want more?” he says. “Job-seeking is a time-consuming, frustrating and long-winded affair so are they prepared to put themselves through that rigmarole? Before they consider that, they must ask their employer what is happening.”

Most employees bring up pay rise queries at their annual performance appraisal and find out what the company has in store for them from a career perspective.

Those with no formal appraisal system, Mr Greaves says, should ask HR or their line manager for an assessment.

“You want to find out how they value your contribution and where your job could go,” he says. “You’ve got to be brave enough to ask some questions and if you don’t like the answers then you have to develop a strategy or change jobs if you are prepared to go through the job-seeking process.”

For those that do reach the salary negotiation with their current employer, Mr Greaves says there is no point in asking for less than 5 per cent.

“However, this can only really have any chance of success if you can identify where you add value to the business (preferably you can put a monetary value on it), or you can point to a sustained contribution above the call of duty or to other achievements you think your employer will value.”

 

MATCH INFO

Uefa Champions League semi-finals, second leg:

Liverpool (0) v Barcelona (3), Tuesday, 11pm UAE

Game is on BeIN Sports

Top financial tips for graduates

Araminta Robertson, of the Financially Mint blog, shares her financial advice for university leavers:

1. Build digital or technical skills: After graduation, people can find it extremely hard to find jobs. From programming to digital marketing, your early twenties are for building skills. Future employers will want people with tech skills.

2. Side hustle: At 16, I lived in a village and started teaching online, as well as doing work as a virtual assistant and marketer. There are six skills you can use online: translation; teaching; programming; digital marketing; design and writing. If you master two, you’ll always be able to make money.

3. Networking: Knowing how to make connections is extremely useful. Use LinkedIn to find people who have the job you want, connect and ask to meet for coffee. Ask how they did it and if they know anyone who can help you. I secured quite a few clients this way.

4. Pay yourself first: The minute you receive any income, put about 15 per cent aside into a savings account you won’t touch, to go towards your emergency fund or to start investing. I do 20 per cent. It helped me start saving immediately.

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3/5 stars

MATCH INFO

Manchester City 6 Huddersfield Town 1
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Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
The BIO:

He became the first Emirati to climb Mount Everest in 2011, from the south section in Nepal

He ascended Mount Everest the next year from the more treacherous north Tibetan side

By 2015, he had completed the Explorers Grand Slam

Last year, he conquered K2, the world’s second-highest mountain located on the Pakistan-Chinese border

He carries dried camel meat, dried dates and a wheat mixture for the final summit push

His new goal is to climb 14 peaks that are more than 8,000 metres above sea level

Updated: January 22, 2024, 8:56 AM