The Advantages of Being an Employee in the Business World in Saudi Arabia

1. Introduction

Nowadays, people face a lot of different challenges while choosing their future profession. One of the most important problems is unemployment. In order to avoid it, one should think about his or her own strong sides and try to find the job according to them. Thus, this essay will reveal the advantages of being an employee in the business world in Saudi Arabia.

2. Web Quest of Employee Business

2.1 Financial Analyst in Saudi Arabia

The position of financial analyst is one of the most popular ones in Olayan company. It is because this company provides its employees with a lot of different opportunities for development and career growth. Moreover, working in such a big and successful company is a great chance to improve one’s professional skills and knowledge. Besides, it is worth mentioning that Olayan Group is one of the leading companies in Saudi Arabia which deals with traditional cosmetics and online sales.

Thus, being a financial analyst in Olayan company has a lot of advantages. First of all, it is a great opportunity to gain new experience and knowledge. Secondly, it is a chance to develop professionally and career-wise. Thirdly, it gives an opportunity to work in a big and successful company which can provide its employees with good working conditions and benefits. All these factors make the position of financial analyst in Olayan company a real treasure.

2. 2 Olayan Company in the Kingdom of Saudi Arabia

Olayan Group is one of the leading companies in Saudi Arabia which deals with traditional cosmetics and online sales. The company was founded in 1947 by Sulaiman S. Olayan and currently employs more than 3,000 people. Olayan Group is headquartered in Riyadh, Saudi Arabia and has branches in Bahrain, Dubai, London, New York, Paris, and Singapore.

The group’s businesses include banking and finance, industrial investments, consumer goods, real estate, media, and healthcare. The group has interests in several major Saudi Arabian banks including National Commercial Bank and Samba Financial Group. In addition to its banking investments, Olayan owns stakes in major public companies listed on the Saudi Stock Exchange such as SABIC, Aramco Services Company, and NCB Capital Company. The group also has interests outside Saudi Arabia including Goodman & Company – an investment bank based in London – and Dunkin’ Brands – the franchisor of Dunkin’ Donuts and Baskin-Robbins ice cream chain – among others.

Olayan Group has always been a family business controlled by Sulaiman S. Olayan’s sons Fawaz, Khaled, and Mohannad who are equal partners within the group’s holding company – Olayan Financing Company (OFC). All three brothers are actively involved in the group’s businesses with Fawaz serving as Chairman & CEO, Khaled as Vice Chairman & Managing Director, and Mohannad as President & CEO of OFC.

3. Conclusion

To sum up, it should be said that working as an employee in the business world has a lot of advantages. First of all, it is a great opportunity to gain new experience and knowledge. Secondly, it is a chance to develop professionally and career-wise. Thirdly, it gives an opportunity to work in a big and

FAQ

Some key characteristics of an effective employee business are clear and concise communication, setting achievable goals, providing adequate resources and support, maintaining a positive attitude, exhibiting integrity and fairness, and showing appreciation for employees' contributions.

Businesses can ensure that their employees are productive and efficient by establishing clear expectations, providing regular feedback, offering opportunities for professional development, fostering a collaborative environment, and promoting work/life balance.

Employees may be motivated to be successful in their roles by recognition from superiors, satisfaction with their job duties, feelings of autonomy or independence in their work, opportunities to learn new skills or knowledge, or a sense of purpose or meaning in their work.

Businesses can create a positive and supportive work environment for employees by valuing diversity, encouraging open communication, demonstrating respect for individual differences, offering flexible working arrangements, and providing opportunities for social interaction.

Businesses can effectively manage employee performance through the use of goal setting, performance appraisals/reviews