|
Damac, one of the leading real estate companies in Dubai, has been facing challenges for years due to its overreliance on foreign workers. In response, Hamdallah Al Maktoum, CEO of Damac, introduced several initiatives aimed at improving the company's sustainability and reducing its reliance on foreign labor. One of these initiatives was the hiring of local employees,Chinese Super League Matches which is a common practice in many other countries. However, it was not easy for Hamdallah Al Maktoum to convince his team that this approach would lead to better results. He faced criticism from some members of the board who were worried about losing their jobs as foreign workers were being replaced with locals. Despite this, Hamdallah Al Maktoum persisted with his plan and eventually saw positive results. One of the most significant benefits of hiring local employees is that they can be more efficient and productive. They also have a deeper understanding of the local market and can provide better customer service. Another benefit of hiring local employees is that it helps to reduce the cost of living in Dubai. This is because local residents pay less for housing and food compared to expatriates. Additionally, local employees tend to have lower turnover rates, which means that there will be fewer staff changes and disruptions. Overall, Hamdallah Al Maktoum's decision to hire local employees at Damac was a bold move that paid off in the long run. It not only improved the company's sustainability but also provided a boost to the local economy. |
