Unpaid leave saves Jumeirah Group $2.7m in Q1
by This email address is being protected from spam bots, you need Javascript enabled to view it on Wednesday, 06 May 2009
Jumeirah Group employees on voluntary unpaid leave have saved the company close to $2.7 million during the first quarter of 2009, it emerged on Wednesday.
Speaking during a seminar at Arabian Travel Market, Matthew Mee, Jumeirah's director of HR – resourcing and transformation, said: “It’s an ongoing process, so in Q1 we saved close to AED10 million ($2.7 million).
“It’s amazing the take-up when you go to colleagues and ask them ‘are you interested in taking time off to help the company’ – not a forced process but a voluntary process – but people have done that, and so some people have taken leave and they’ll be coming back to the business."
“I did it myself,” added Mee in comments published by Hotelier Middle East.
The move by Jumeirah, whose hotel portfolio includes the Burj Al Arab and Jumeirah Beach Hotel in Dubai, to guarantee job security during the global slowdown was applauded by Mövenpick Hotels & Resorts general and regional manager Dubai Thomas Tapken.
“In our industries how often do we get to take a break of a month, two months in between jobs; we dream of it, you leave a job today and you have to start somewhere tomorrow so I think what Jumeirah did there was fantastic move,” said Tapken.
READERS' COMMENTS
Posted by Tiffy, Dubai, United Arab Emirates on Wednesday 2 September 2009 at 13:34 UAE time
Excuse me... did anyone stop to check if this was absolute BS? I ask this question because "job security" never even came into the mix when myself and several colleagues were made redundant IN the first quarter of 2009! Most of us didn't have high paying jobs, our greatest crime was our nationality, even though the majority of us "let go" had already given a decade or more of loyalty to Jumeirah... So no-one thought to ask those that were shoved to the background. Jumeirah may give the face that it cares for it's colleagues (that's what they call their staff) but what Jumeirah cares about most is where the next dirham is coming from. i joined in 2000, back then it was like being part of a family....... no more, it's gone from warm and caring, to cold and heartless. Colleagues are resigning like rats jumping from a sinking ship... you know now that they are short staffed? So, considering a job with Jumeirah, please, please think again... there are better jobs out there, save yourself the anguish and demoralising Madninat Jumeirah Hotel said, I have NEVER seen so many fake smiles in one place..
'nuf said!
Click here to post a comment
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST TRAVEL & HOSPITALITY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST TRAVEL & HOSPITALITY
LATEST MIDDLE EAST BUSINESS NEWS
- Banking & Finance: Islamic banks should target female market - report
- Travel & Hospitality: flydubai set to launch new flights to Nepal
- Real Estate: Dubai's Oct property sales value rises by 50% - official
- Politics & Economics: UAE considers allowing citizens to elect 50% of FNC
- Travel & Hospitality: Emirates brings forward Paris A380 plans
SHARE PRICE CHECK
RELATED STORIES
Arab Travel 2009
3 stories- Senior Emirates official predicts late-2009 upturn
7 May '09 | News - Job losses warning over Bahrain alcohol ban plan
7 May '09 | News - Mideast tourists projected to grow in 2009
7 May '09 | News
Jumeirah Group
- Dubai's Jumeirah Group plans hotels in Brazil
20 Nov '09 | News - Jumeirah eyes 7-star hotel in South Korea - reports
30 Oct '09 | News - Group dynamics
8 Oct '09 | Interviews




