Commercial Bank has announced that all its employees will receive a benefits package increase “that will significantly enhance their current remuneration,” which included new benefits and improvements to existing ones.
“The increase in benefits applies to all our employees across all our business units, as each and every staff is a valued team member of Commercial Bank. Increased salaries, together with the bank’s focus on developing employee talent, will help maintain our position as an employer of choice and keep us competitive in the market.
“People are at the heart of Commercial Bank’s business and this substantial improvement is important for attracting and retaining the best employees,” said Commercial Bank CEO Abdulla Saleh al-Raisi during a meeting carrying the theme “It’s all about us.”
Al-Raisi said Commercial Bank’s profits have grown “despite a fiercely competitive market” with increased market share in key segments such as retail banking and enterprise banking for small and medium-sized
enterprises (SMEs).
“Our financial performance for 2014 is very positive and there are improvements on many key financial measures,” he stressed.
He also highlighted that 2015 marks Commercial Bank’s 40th anniversary as Qatar’s first
private bank.
“A key objective for 2015 is to deliver world-class customer service and two new internal initiatives are now in place to ensure that Commercial Bank remains a market leader for quality of service, understanding the customer and
responsiveness,” he stressed.
Al-Raisi added: “We continue to invest heavily in human capital in line with Qatar National Vision 2030 by developing our employee talent and helping to make Commercial Bank one of the best places to work in Qatar. The enhancements made to benefits are testament to our belief in growing and developing our people.”
Sharoq al-Malki, executive general manager and chief human capital officer, Commercial Bank, said: “Commercial Bank invests heavily in developing human capital in line with Qatar National Vision 2030. Our goal is to be importers and exporters of employee talent and we will continue to strive for excellence towards positioning Commercial Bank as an employer of choice in Qatar.”
The meeting, moderated by author and motivational speaker Chester Elton, provided an open forum for management and staff to review last year’s performance, discuss objectives, and plans for 2015, including Commercial Bank’s values and
mission.
A global expert on workplace trends and motivation, Elton is co-author of several leadership books, including All In, The Carrot Principle, and What Motivates Me, which was a New York Times and Wall Street Journal bestseller.
Commercial Bank CEO Abdulla Saleh al-Raisi delivering a speech
