Dubai: One of the leading and most prestigious property developers, Sobha Realty, in the city of skyscrapers, rewards its workforce with an astounding recognition bonus of AED 150 million. The company rewards employees working in diverse departments with bonuses to appreciate their exceptional and excellent performances in December 2024.
Stellar Employees’ Achievements Rewarded with High Bonuses
Dubai-based real estate developer Shobha Realty is renowned across the Middle East for its commitment to delivering projects that showcase its architectural brilliance and meticulous attention to detail. The company on January 8 announced a bonus reward of Dh150 million to its exceptional employees across different departments, who have contributed greatly to its stellar growth and success in December last year. The company announced that this bonus will not be covered in the incentive programs offered to its employees. Also, this bonus will benefit employees who have not previously benefited from the company’s incentive programs.
Employees’ Excellence Sobha Realty’s Growth Key Drivers
Dubai-based prestigious real estate developer Sobha Realty Group’s chairman, Ravi Menon, said that this bonus is our way of expressing gratitude to employees’ who contributed with their skills, passion, and dedication significantly to the company’s growth and success. He further said we honored the firm resilience and excellence of our workforce that allows us to make a meaningful difference in growth in 2024 compared to previous years.
The company planned to reward its employees’ efforts with this bonus a month ago. The company explained that it wishes to offer an additional boost to its employees so that they can prepare well for another year of remarkable achievements. Sobha Realty has reinforced its reputation in the real estate industry by completing an important project 8 months ahead of the original timeline, which was made possible by its workforce’s firm dedication and commitment to delivering high-quality developments, the company said in an earlier statement.
Dh150 Million Bonuses Support Employees Amid Rising Costs
A recent survey by Bayt.com has brought to light the striking fact that 77% of professionals across the Middle East and North America are offered monetary benefits from their organizations in the form of bonuses or overtime pay. Men professionals are more likely to receive these financial perks, while women professionals are offered policies benefiting work-life balance.
The substantial bonus has been rewarded by Sobha Realty to its employees at a significant time, which will provide them with great financial support amid the rising living costs in the Emirates.
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