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In light of rapid economic changes and the growing awareness of the importance of long-term financial planning, employee thrift and investment plans have emerged as one of the most effective strategic tools adopted by organizations to enhance workforce stability and increase employee satisfaction and loyalty.
Building on this vision, SAB Invest launched a comprehensive Sharia Compliant Employee Thrift and Investment Plan, designed to financially empower employees while supporting companies in achieving their objectives related to talent attraction and retention.
A Strategic Solution for Employee Retention and Engagement
The program serves as a key employee retention solution, strengthening the relationship between employees and their organizations by engaging them in a long-term financial program that encourages saving, investing, and capital growth. This, in turn, positively impacts career stability, reinforces a sense of belonging, and motivates employees to contribute more effectively to their organization’s success.
Mohammed Al-Suwayied, Chief Wealth Management Officer at SAB Invest, said:
“At SAB Invest, we believe that financially empowering of employees is a long-term investment in the stability and growth of organizations. Our Employee Thrift and Investment Plan is designed to strike a meaningful balance between employees’ financial needs and corporate objectives, while fostering loyalty and building a sustainable financial culture.”
A Flexible and Customizable Program
The Employee Thrift and Investment Plan is distinguished by a high degree of flexibility, allowing it to be tailored to the specific needs of each organization and its employees. This includes customizable participation structures, contribution levels, and investment options, ensuring alignment with internal policies and diverse employee preferences.
A Transparent and Seamless Digital Experience
The program provides employees with direct access to track their savings and investments through advanced digital platforms, supported by clear and regular reporting. This transparency enables employees to better understand their financial performance and make informed investment decisions, while enjoying full flexibility in managing their savings and investments.
Added Value for Employees and Employers
Beyond encouraging employees to save, invest, and grow their capital, the program delivers tangible value to organizations by:
- Enhancing workforce stability and reducing employee turnover
- Increasing employee satisfaction and engagement
- Promoting a culture of financial planning and responsibility
- Strengthening the employer brand as a sustainable and attractive workplace>
The launch of this program aligns with the objectives of Saudi Vision 2030, which aims to develop the financial sector, enhance financial inclusion, and promote a culture of saving and investment supporting the growth and sustainability of the national economy. The program also aligns with digital transformation initiatives by enabling a clear and structured experience for monitoring and managing savings and investments, supported by periodic reports. This, in turn, strengthens informed financial decision-making among employees and creates a positive impact on job stability and talent attraction.
Through this program, SAB Invest reaffirms its commitment to delivering innovative investment solutions that support both individuals and organizations, and contribute to building a more stable and sustainable working environment over the long term.
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