National Bonds Marks Participation at Second Annual HR Government Summit 2014

“Human capital development should involve greater attention to financially stressed employees” - Mohammed Qasim Al Ali 

Dubai-UAE: 28 September, 2014 - National Bonds Corporation, the leading sharia-compliant savings and investments’ company in the UAE, has marked a strong participation at the just-concluded HR Government Summit 2014. 

The three day summit was held at St Regis Saadiyat Island - Abu Dhabi from September 23 - 25, and drew the participation of the UAE’s senior governmental officials as well as academicians, business heads, and HR leaders from different verticals.

In his opening address, Mohammed Qasim Al Ali, CEO of National Bonds, reiterated the important role HR managers play in attracting and retaining talented professionals. 

Urging HR experts to adopt innovative policies that boost growth and ensure greater achievements, he said: “In the prevailing economic landscape, productivity, innovation and efficiency are key elements to sustainable growth. Human resource management plays a significant and imperative role in not only achieving but also maintaining and leveraging growth”.

He added: “Human capital development should provide greater attention to financially stressed employees. Such employees cost businesses huge monthly and annual losses. Latest health and welfare statistics globally indicate that 75% - 90% of all doctor’s visits are related to stress - hypertension, insomnia, tension, anxiety, depression, and headaches. Furthermore 40% of employee turnover is also linked to stress. Most HR departments are not staffed to handle the variety of issues that can arise from the financial stress issues of employees. To increase productivity and profits, employers need to take the lead in educating employees on how to manage their money and reduce debt levels.” 

Al Ali introduced National Bonds Employee Savings Program to the audience at the summit. The innovative saving instrument supports human resource teams within private and public sector organizations with a hassle-free automated saving plan that is tailored to individual employee requirements and offers attractive returns, including thousands of prizes and a competitive annual profit.

Al Ali said: “The Employee Savings Program, recognized as the ‘Best Savings Account’ for 2014 by Banker Middle East Awards, has played a significant role in securing employees well-being. The initiative also contributes to creating a financially literate society in the UAE.” 

The HR Government Summit 2014 highlighted the challenges facing the HR industry in the region. Participants at the summit also discussed latest innovative practices and policies that government, semi-government and public sector entities could adopt for ensuring long term employee welfare, career growth and financial stability.

National Bonds is licensed and regulated by the UAE Central Bank, and provides UAE nationals, UAE residents and non-residents with a credible and safe savings opportunity. Minors can also own National Bonds certificates, provided the bonds are purchased by their parent/guardian. Each bond costs AED10, with a minimum purchase option of AED100.