Introduction
HR Compensation & Benefits belongs to the Emirates Group’s Human Resources department (Emirates Group careers n.d.). The HR Compensation & Benefits group is responsible for the provision of benefits and benefit packages, as well as the design of human resource standards and regulations, within the Dubai organization and its subdivisions in other cities and states. At present, key HR policies are geared toward ensuring high competitiveness rates within the local market. To attract wealthy customers, four teams were created within HR Compensation & Benefits.
Compensation
As the name suggests, the Compensation team provides compensations and benefits to the firm’s staff and supervises the management of HR strategies within the context of the organization (Emirates to hire over 11,000 new staff in 2015 2015). At present, the target population reaches 32.000 and is split into the following teams: Flight Crew, Cabin Crew, and Engineers. However, the further analysis of the efficacy of the existing HR approaches and tools is required to maintain staff satisfaction and loyalty levels (Cabin Crew positions 2015). As a result, higher retention rates and a rise in performance levels are expected.
The compensation team located in the outstations, in turn, provides compensation and benefits for the staff members that operate outside Dubai. At present, the number of staff members employed in other cities reaches 6,500. Therefore, it is essential to take the economic tendencies in a particular country into account before implementing a certain HR strategy. Thus, motivation and loyalty levels among staff members are retained (Aung & Myo 2015).
Planning
The Planning team is expected to encourage change and promote corporate values and standards among staff members. The principles according to which employees approach their tasks and make decisions in the context of the organization are largely created by the Planning team. As a result, the company retains its flexibility and is capable of adjusting to new challenges and requirements emerging in the environment of the Dubai market, as well as the UAE economic setting, in general. There are several booklets that provide detailed guidelines for managing essential corporate processes.
Booklet
The booklet in which key corporate principles and values are introduced serves as the foundation for making company-related decisions and carrying out communication-related processes within the company. The booklet provides a concise description of the corporate standards, values, and mission of the organization. Thus, the staff members can get a general idea of the firm and its goals.
Manual
The manual, in turn, incorporates a set of more specific details. The information that it represented in the manual includes exact instructions about handling specific problems and managing certain scenarios. Therefore, the manual is expected to be used as the foundation for decision-making within the company (Leipziger 2015). The manual is complemented by the Employee Handbook, to which staff members are referred to learn about the corporate behavior standards that they are expected to follow. The Staff travel Manual also ensures that the organization’s employees are equipped with the relevant knowledge and skills necessary for traveling.
Benefits
In the benefits section of the corporate rules, crucial data regarding financial policies and staff members is provided. The specified team designs the policies regarding the provision of pensions, as well as provident schemes (Kusi et al. 2018). At present, the firm manages approximately 30 schemes worldwide, their staff numbers ranging from 40-50 people to thousands of employees. In addition, the organization manages over 80 outstation schemes, Life and Disability being one of them.
Conclusion
HR Compensation & Benefits allows the Emirates Group’s Human Resources department to create the environment in which UAE businesses can thrive. Because of its elaborate structure and a set of rigid guidelines, HR Compensation & Benefits has been succeeding in the specified field. However, further research is required to ensure its proper functioning.
Reference List
Aung, U & Myo, Z 2015, Managerial strategies and practice in the Asian business sector, IGI Global, New York, NY.
Cabin Crew positions. 2015. Web.
Emirates Group careers n.d. Web.
Emirates to hire over 11,000 new staff in 2015. 2015. Web.
Kusi, BA, Gyeke-Dako, A, Agbloyor, EK & Darku, AB 2018, ‘Does corporate governance structures promote shareholders or stakeholders value maximization? Evidence from African banks’, Corporate Governance: The International Journal of Business in Society, vol. 18, no. 2, pp. 270-288.
Leipziger, D 2015, The corporate responsibility code book, 3rd edn, Routledge, New York, NY.