How Does Your Organization Rank Against Competition

Q. We are a long standing family business and have recently undergone some major changes in our management and corporate culture. To know the efficacy of the new changes, we wish to undergo a company-wide evaluation. Can you suggest how we can go about doing that? – Rakesh S., HR Director A. Hi Rakesh! In today’s competitive economy, companies need to be agile and dynamic to retain their edge in the market. This can be especially challenging for large and long-standing organizations, who can be rather rigid in their ways. In fact, this is the reason why many larger organizations are increasingly adopting a ‘start-up culture’ that views change more positively. Your organization has done well by adopting these said new changes, thus assuring to remain more robust and competitive in the market. The next step in this direction would be to evaluate your efforts. In order to evaluate and compare, the HR experts at Bayt.com recommend you focus on monitoring the below broad-based aspects. These also form a core part of our newly launched Bayt.com Employer of Choice Awards selection criteria: 1. Employee Wellness Assessment: Most organizations see workplace wellness with a fairly limited view only consisting of workplace benefits, or work-life balance policies. However, at Bayt.com workplace wellness is understood at a more holistic level, inclusive of these five main components: - Recognition for Achievers - Fair Compensation for All - Development of Projects with Purpose - Positive Office Environment - Frequent Communication Measuring your current employees' opinions towards not just the salary and perks, but also the leadership, internal communication styles and workplace engagement, is integral for assessing how helpful the changes have been for your team. Measuring these aspects will help you understand how you can improve your workplace, and will set a good benchmark for your team to measure how your corporate culture changes and grows every year. 2. Jobseeker Perception Assessment: 76.4% of MENA professionals will always turn to the internet to research a company when considering a job opportunity, according to the Bayt.com 'Employer Branding in the MENA' poll. This emphasizes the fact that an online presence is essential for employers, and in order to attract the best talent they should tailor their online marketing position towards jobseekers as employers of choice. The Jobseeker Perception Assessment survey should be targeted towards job seekers in your region. 3. Overall Workplace Intelligence Report: To make your evaluation process more comprehensive it is recommended that after you assess your current employee and jobseeker perception, you evaluate your company’s strengths, future opportunities, and measure yourself against your competitors in the market. The good news for companies based in the UAE with a headcount of 50+ employees, such as yourself, is that you can now enroll for the Bayt.com Employer of Choice Awards by registering your company online. We encourage HR decision makers to complete the registration before May 10. Once the registration process is complete you will be given a unique survey link – this survey link should to be disseminated to all your employees to complete the survey online. Once all the responses are submitted anonymously online, they will be compiled into a comprehensive spreadsheet which will be the Employee Wellness Report for your organization (for your internal use only). At the same time you will also have access to your very own Bayt.com Company Profile page. This feature will allow you to summarize your corporate culture through galleries and stories, allowing potential candidates to fully explore opportunities and make informed decisions when applying for job vacancies. Your Bayt.com Company Profile will help you to tap into the perceptions of job seekers in the region via the Jobseeker Perception Assessment survey. You will be provided with a comprehensive spreadsheet report that will indicate the survey results of how job seekers and prospective talent perceive your company. The Overall Workplace Intelligence Report will form the last of the three-part reports which you will have access to upon registering for the Bayt.com Employer of Choice Awards. Further to note, registration is absolutely free for employers in the UAE! As per our recent Bayt.com Employer of Choice Awards announcement, winning companies rating exceptionally well on the Overall Workplace Intelligence Report will be invited to a prestigious gala ceremony, were they will have the chance to showcase and celebrate their employer brand and key initiatives with other leading members of the regional HR community, as well as key media and leading regional business heads and influencers.
Roba Al-Assi
  • Posted by Roba Al-Assi - ‏06/06/2016
  • Last updated: 06/06/2016
  • Posted by Roba Al-Assi - ‏06/06/2016
  • Last updated: 06/06/2016
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