UAE companies may consider offering employee allowances to offset inflation. As inflation rises due to rising fuel, food, and rental costs, recruitment consultants suggest that companies consider work-from home to reduce fuel costs. During difficult economic times, employees should ask for promotions and increases.
Vineet Mehra is the sales director of global recruitment firm Adecco Middle East. He said that companies in the UAE still negotiate inflation-linked allowances to aid employees against inflation. To support low-income people against rising inflation due to higher oil prices and food prices, the UAE government has recently created an inflation allowance. This scheme will provide allowances to UAE citizens for fuel, water and electricity.
Waleed Anwar (Managing Director, Upfront HR) says that, with inflation rising, now is a great time to talk about a salary increase with your employer. He stated that employees can expect to receive more benefits, such as work-from home days and training and development in digital and technology skills to bridge the gap. He said that companies should reevaluate their employee benefits in order to retain and attract employees amid high inflation and rising living costs. https://t.me/newsgulf