Alkhabeer Capital, a leading asset management and investment firm based in Jeddah, has been named the top financial services employer in Saudi Arabia by “Great Place to Work”.

The firm has been placed fourth overall across all sectors in the kingdom by the listing.

Great Place to Work, a global research, consulting and training firm, helps organisations create and sustain successful workplaces.

Saudi Arabia’s Best Workplaces List ranks companies based on data gathered through the Trust Index Employee survey and Culture Audit. The Employee Survey is a concrete assessment of the company’s underlying level of trust, respect and fairness. The Culture Audit reviews the company’s programs and practices to identify potential gaps between intended and actual impact.

Alkhabeer Capital continued to lead the Best Workplaces List for the sixth year, after being selected from about 15,000 valid employee surveys received for this edition of the study during 2015 - a testament to the efficacy of Alkhabeer’s approach to distinguishing itself as an employer of choice in the Saudi labour market, the company said.

Over 90 companies participated in this year’s survey and audit, representing a combined 50,000 employees across Saudi Arabia.

Ammar A Shata, executive director and CEO of Alkhabeer Capital, said: “The notion of a positive association between positive corporate culture and strong performance has been verified time and again by studies and research papers from the world’s leading academic institutions, business think tanks and behavioral experts. Great Place to Work® is one of those organizations known globally for their concrete, data-driven understanding of the underpinnings of a harmonious office, and at Alkhabeer, we understand that a healthy working environment takes much more than launching a specific program or an initiative. Rather, consistent policies and a mature philosophy for dealing with employees and clients mean a better environment for everyone.

“All this reflects our mission which is ‘to be the company of choice in the region that high achievers want to work for, and that every investor desires to buy,’and our approach centres on cultivating an atmosphere in which mutual trust and purpose are organic outcomes,” Shata said. - TradeArabia News Service