Investing in human capital increases employee loyalty in companies and institutions that are affiliated with state and private sectors, an official stated Saturday.
However, employee training in GCC States remains ineffective on the local and regional levels, Fahad Al-Fadhala, Secretary-General of the 13th annual conference for the Arabian Gulf Career Development Forum (CADEF), slated to kick off in Kuwait next Monday, said in a press statement.
Gulf countries must change their policies towards employee training in order to have efficient and effective work programs in the long run, added Al-Fadhala, noting that increasing employee loyalty in the public and private sectors improves human resources effectively.
The upcoming three-day conference is to discuss employee loyalty challenges in state and private sectors in GCC States, and ways to find practical solutions for them, he said, adding that the conference aims to view and find best practices in employee loyalty in contemporary business organizations.
The conference consists of several axes, among which the relationship between employee loyalty and distinctive performance, role of leadership in the making of an apt institutional environment for employee loyalty, the appropriate organizational atmosphere which boosts employee loyalty, and developing the spirit of innovation within employees, said Al-Fadhala.
Other axes include shedding light on the return on human capital investment and its role in achieving work goals and competitiveness, measuring methods for employee loyalty, social networks applications, and linking between institutional loyalty and social responsibility, he added.
Around 20 various work papers and seven workshops are to be addressed during the conference, among which a work paper on the role of specialized and consultative counsels in boosting loyalty at GCC companies and state institutions, Al-Fadhala noted.