Compensation and Benefits
Our compensation and benefits strategy combines the need to maintain a high performance culture along with market competitiveness. An annual benchmarking exercise makes sure that employees’ pay is competitive. Moving between pay scales depends on the individuals' performance and we reward employees accordingly
In addition to the market driven compensation package, we also offer a series of other benefits, including credit facilities and insurance policies. Please note that personal income is also not taxed in the UAE.
Loan and Credit Facilities
Mashreq offers an attractive collection of subsidized loans and other staff banking facilities, designed to facilitate a comfortable transition into the bank. Our aim is to ensure that the change and relocation process is smooth and free of any financial challenges.
Medical, Life and Accident Insurance
All Mashreq employees are provided with comprehensive family medical, life and accident insurance coverage to ensure security and peace of mind.
Leave Travel
We know that the multicultural nature of our workforce means that employees come from diverse regions around the world. At Mashreq we understand the desire to return home on a regular basis and for that reason, we provide our employees' airfare to the International airport nearest to their hometown.
End of Service Benefits
Mashreq provides a gratuity scheme in line with the UAE Laws for its eligible employees.