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Am I Being Paid What I Am Worth?

by Mark Nancarrow in career
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Talking about money can always be slightly uncomfortable, even more so when the conversation is with your manager. Discussing your salary package and potential raise is something that a lot of people in the workplace shy away from – unfortunately, this can cost you more money in the long run than you might think. Business Insider estimates that not negotiating at the start, and throughout your career can cost you up to $1,000,000 (£820,000).  This means that accepting a $45,000 salary and the projected 1% raise per year will leave you nearly a million USD worse off than...
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The Benefits of Having a Nationalisation Programme for The UAE

by Mark Nancarrow in career
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Any UAE national will tell you that the government's dedication to their nationalisation programme (also referred to as Emiratisation) has permanently altered the face of the Emirati job market.   Before the programme, the labour market was structurally divided, with the vast majority of jobs being taken by overseas workers. Emiratis missed out on certain job opportunities as the area’s economy grew at an accelerated rate as job seekers from all over the world flooded to the region to enjoy the many benefits of living in the UAE.  Tax breaks for workers, competitive compensation packages and the beautiful scenery are among just some of the reasons many overseas workers...
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5 Ways to Help Your Technology Employees Excel Using Feedback

by Mark Nancarrow in career
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When was the last time you gave instant feedback to one of your employees, good or bad, for something they had done? It can be easy in the workplace to hide behind emails, and to wait for more significant milestones like annual reviews and appraisals to give feedback to your employees. Worse still, opportunities to provide feedback can often fall by the wayside, especially in demanding sectors like technology. Who has the time to stop and talk about any issues they have candidly? Giving feedback directly to an employee is sometimes the last thing on a manager’s mind. In a results-driven sector such as technology, it can be...
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How Employers Need to React to Changes in The Banking Sector

by Mark Nancarrow in career
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The face of the banking industry is changing at an accelerated rate year on year. While this is partly to do with new digital technologies, the world of work, in general, is now unrecognisable to what it once was.  Globally, banking systems are in a more stable place than ever since the recession. However, successes do vary from region to region. In order to survive, banks need to be smart about how they endeavour to future-proof their business.   Recognising the Speed of Change Banks are among some of the most adaptive across the globe, and while the sector begets change, the speed with...
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How Long Should You Stay In Your Finance Job?

by Mark Nancarrow in career
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Whether you are just starting in your finance career, or you have already worked your way into a senior role, we all have aspirations for the future. Knowing what career changes to make, if any, at the right time can make or break your career. Working in the UAE can bring its own set of challenges at first, but for those who recognise the potential of this thriving job market, staying the distance can pay off. Under the finance umbrella, there is a considerable amount of disparity in the types of work bankers undertake. From customer service, investment management to corporate strategy and...
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