biz-ability and Holborn Employee Benefits partner to support companies with critical staff retention and motivation strategies in current climate

UAE; November 10, 2008: biz-ability Middle East and Holborn Employee Benefits Ltd have joined forces to offer a full-cycle of 'Employee Engagement' services to encourage companies to actively maximise their workforces by better engaging staff to drive business.

biz-ability CEO Hazel Jackson said that amid the current climate and demand to maximize existing staff and/or communicate during unsettling times of change, companies should look beyond pure pay and towards the bigger long-term picture of staff motivators to create a healthy thriving workforce, and a competitive edge.

"Actively disengaged workers are said to cost the US economy alone up *$350 billion per year," Hazel said. "In stark contrast, engaged employees are enthusiastic about their jobs, loyal, motivated, committed and productive, with one engaged employee outperforming three of their less motivated colleagues," she said.

"Disengagement can of course be fatal to a company's bottom line. Fast-growth markets have one of the greatest needs for employee engagement to stay on track in the constantly changing times.

"Middle East companies need to look at getting the right people doing the right jobs to maximise their current workforce. During times of economic uncertainty, now is a critical time for companies to tap in to the reservoir of employee discretionary effort and implement a sound engagement strategy to forge a competitive edge, maximise people-driven performance and attract and retain top talent," she said.  

biz-ability's focuses on 4 key areas for Employee Engagement:

Compensation & Benefits - benefits packages and 'perks' for talent attraction and retention. (offered in partnership with Holborn Employee Benefits Ltd - see below)

Creating Connections - effective communications, teamwork and fostering work pride

Career Development - professional growth & continuous development

Clarity - a clear picture of the company's purpose and goals and understanding re personal contribution

"Careful management is needed to ensure staff are involved with and aware of the corporate strategy, have a level of control over the pay and benefits, and feel that they are a valued part of a company in achieving its purpose," she said. 

Compensation & Benefits Services

The partnership with leading financial specialists Holborn Employee Benefits - a part of Holborn Assets - will offer organisations the latest in compensation and benefits options to enhance employee packages.

"Holborn Employee Benefits and biz-ability provide a solid and complimentary partnership to allow companies to be armed with the maximum information and tools to both attract key talent and keep them performing at their peak," Hazel added.

Holborn Employee Benefits MD Craig Turner added: "Salary packages and additional benefits are a key motivator in attracting talented staff to join a company. We strive to ensure that companies have flexible and innovative options to offer employees, differentiating themselves in their market and enabling them to not only recruit quality people in the first instance, but to continue to motivate and retain them in a competitive environment".

For more details contact Carolyn Deed at biz-ability on 04 391 4791 or Holborn Employee Benefits Ltd on 04 336 9880.

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About biz-ability
biz-ability is a leading Dubai-based people performance consultancy with more than 15 years experience in the region. Services include:

  • Leadership Development

  • Human Capital Consulting

  • Strategic Alignment

  • Team-building

  • Employee Engagement

  • Performance Management

About Holborn Employee Benefits
Holborn Employee Benefits Ltd is a specialist independent provider of bespoke employee benefit solutions. MD Craig Turner is a former UK Chartered Insurance Institute examiner and has over 15 years of practical experience in the Financial Services Arena. He and his team offer a client centered approach to understanding organizational needs and provide innovative solutions, with an attention to detail and level of service which has become their trademark.

Key services include:

  • group risk (life, disability, income protection, medical insurance)

  • Corporate pensions

  • Funded gratuity schemes

  • Share option packages

  • Flex benefit packages 

*(Source: Gallup Organisation 2007)

The Towers Perrin Global Workforce Study, the largest of its kind, conducted in May and June 2007 and released in October showed that just 21% of employees surveyed around the world are engaged in their work while 38% are either disenchanted or disengaged and the remaining 41% are only partly engaged.

© Press Release 2008