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Faisal Islamic Bank of Egypt is an Egyptian Joint Stock Company that has an
organization chart and a structure of job descriptions that includes a
definition of each job specifying duties, responsibilities and qualifications of
the employee. Moreover, there are clear policies communicated to all the
employee, and all amendments to these policies are notified to them.
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Financial benefits offered to
employees :
The bank has a wages and salaries system that is developed and
amended subject to the change in cost of living, the purchasing power, and
the inflation rates, taking into consideration the levels of salaries in
other banks :
Trimestrial bonuses given according to the evaluation of performance.
Seasonal bonuses (Eid Al-Fitr, Eid Al-Adha, The Prophet’s Birthday).
Annual profits at specified percentage of the bank’s net distributable
profit.
Other benefits:
High quality medical care.
Medical care for the employees' families within certain financial limits.
Medical care after retirement.
Contribution to the expenses of pilgrimage (once during the employee's carreer).
Honoring the sons of employees who have excelled in general certificates.
End of service remuneration Fund.
Vacant jobs:
The required job.
Job qualifications.
Previous experience.
Current salary.
The salary expected from the bank.
Training Activity:
The training activity is given special attention due to its effect on
developing the human resources of the bank which in turn leads to
upgrading the level of efficiency and increasing productivity.
The axes of this activity are as follows:
Preparing and qualifying the next generation of managers.
Direct linking of training with the different jobs in the bank in order to bridge the gap between the skills, and expertise of those occupying these jobs.
Education in the principles of Islamic Shair'a as applied to banking activities.
Upgrading the level of client service.
Acquainting the bank’s employees with the recent technological
developments in banking.
Great emphasis is given to the English language and linking it to the work
in the different units of the bank.
The bank offers during the summer vacation training opportunities to a
number of students from the faculties of Economics, commerce and
information technology in return of a simple bonus. Such training helps
trainees become acquainted with the application of what they have been
studying theoretically in their colleges, which in turn makes them more
familiar and qualified to join the banking environment.
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