AFI ( ALAA FOR INDUSTRY )
MIDDLE EAST linked to our mentoring program to improve the local workforce in all areas of our work .
With so much time and energy spent looking for the right person and to secure staff , employee retention is very important to AFI , says Hind . “ We have a very good retention rate . We have good staff accommodation and good HR policies . If you don ’ t keep focusing on that then people can resign and that will have an impact on your business so our key focus is on our staff and their development within the company .”
Beyond oil Another factor that is undoubtedly impacting AFI ’ s business is the current slump in oil prices . As a business intrinsically linked with the oil industry , the situation is causing a shift in thinking in the business , says Hind . “ Saudi Arabia is not immune to the fall in oil and gas prices . Depending on what you read , the oil price is not going to get back to $ 75 until 2020 . We can ’ t sit back and wait for this to happen because we have employees and customers that rely on us to make changes to enable growth rather than going through redundancy processes or sitting back doing nothing until the market improves . So we need to diversify our business . We ’ ve
“ Saudi Arabia is not immune to the fall in oil and gas prices . Depending on what you read , the oil price is not going to get back to $ 75 until 2020 . We can ’ t sit back and wait for this to happen because we have employees that rely on us to make changes to enable growth rather than going through redundancy processes or sitting back doing nothing until the market improves ”
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