In a significant move to support local talent and enhance employee satisfaction, Al-Salam Electronics has announced a wage increase for its Bahraini employees. This initiative, in collaboration with the Labour Fund (Tamkeen), aims to boost career progression and create more job opportunities within the company. The wage increment is part of Al-Salam Electronics’ ongoing expansion plans, which include all company channels, including retail outlets. This strategic collaboration underscores the company’s commitment to Bahrainization and investing in the local workforce.
Enhancing Career Progression and Job Opportunities
The collaboration between Al-Salam Electronics and Tamkeen is set to enhance career progression for nearly 100 Bahraini employees. This initiative is expected to create diverse job opportunities within the company, contributing to its business sustainability and growth. By increasing wages, Al-Salam Electronics aims to attract and retain top local talent, ensuring that employees are motivated and engaged.
Tamkeen’s support is part of its broader career development program, which focuses on encouraging local talent and enhancing their skills to meet labor market demands. This includes providing necessary training and development opportunities to Bahraini employees. The wage increment is a crucial aspect of this program, as it directly impacts employee satisfaction and loyalty.
Moreover, the initiative aligns with Al-Salam Electronics’ commitment to Bahrainization. The company has consistently invested in Bahraini talent, achieving a Bahrainization rate of 97% in administrative positions. By collaborating with Tamkeen, Al-Salam Electronics aims to further enhance its workforce and contribute to the economic development of Bahrain.
Strategic Expansion and Business Growth
Al-Salam Electronics’ wage increase initiative is part of its strategic expansion plans. The company is the largest distributor of air conditioners and home appliances in Bahrain, serving nearly 100,000 customers annually. The expansion project includes all company channels, including retail outlets, and aims to enhance the overall customer experience.
The collaboration with Tamkeen is expected to facilitate the expansion process by providing the necessary training and support to meet the needs of this phase. This includes leveraging Tamkeen’s range of support programs, particularly the career development programs, which will directly contribute to the company’s business growth.
Al-Salam Electronics’ Chief Executive Officer, Mr. Fadhel Al-Bunni, highlighted the importance of this collaboration. He emphasized that the national workforce is a key asset to the company and one of the main drivers of business growth. By investing in local talent, Al-Salam Electronics aims to provide the best and most exceptional customer experience, further solidifying its position as a market leader.
Commitment to Employee Development and Community Impact
The wage increase initiative reflects Al-Salam Electronics’ commitment to employee development and community impact. The company constantly strives to develop local talent to provide the best customer experience. This initiative is expected to enhance employee loyalty and satisfaction, contributing to the overall success of the company.
Tamkeen’s Chief Growth Officer, Mr. Khalid Al-Bayat, stated that the expansion project represents a significant development for Al-Salam Electronics. He emphasized that the collaboration will create diverse job opportunities for local talent and promote the career development of Bahraini employees. This initiative aligns with Tamkeen’s strategic priorities focused on economic impact and the private sector.
Furthermore, the wage increase initiative is expected to have a positive impact on the community. By investing in local talent and providing career development opportunities, Al-Salam Electronics is contributing to the economic development of Bahrain. This initiative is a testament to the company’s commitment to social responsibility and its role in supporting the local community.