NowPay, Egypt’s leading financial wellness platform, announces the launch of its inaugural Human Resources (HR) report, including the very latest insight from Egypt’s HR experts.

HR experts who participated include the Benefits &Compensation Manager at McDonalds Egypt, HR Director at Global Auto, HR Manager at Mazaya, the Head of HR Operations at Wadi Group and the Senior HR Office at Gleeds Construction.

NowPay’s report explores insight, challenges, and opportunities within the industry, highlighting the importance for companies to reshape their HR strategies.

Highlights

• ‘One size fits all’ HR approaches, and standard benefits packages, are not effective in Egypt, post-pandemic;
• A high priority should be employees’ mental and financial wellness;
• The need to offer flexibility to employees, directly impacts work loyalty and productivity;
• Employee benefits packages should be increasingly personalised; and
• Successful remote workplaces need to develop self-driveand virtual communication skills

Mostafa Ashour, CEO of NowPay, commented:

“I am very proud to launch NowPay’s inaugural HR report, sharing insight from Egypt’s top HR leaders. The pandemic has permanently shifted the employment market, and all stakeholders have to adjust to the new landscape – specifically the need to prioritise employees’ mental and financial wellness and focus on attaining a successful remote workplace environment.”

The full report can be accessed at this link: The Future of HR in Egypt

It covers the following topics: Top HR Trends in 2022, Remote Workplace Success Factors, Covid-19 Crisis Leftovers – Causes and Solutions, Top 7 Skills to Headhunt Accordingly in 2022, and Top 5 Skills HR Experts Need to Develop in 2022.

Tarek El Maghraby, HR Manager at Mazaya, said:

“The key HR solution is to put employees’ financial wellness and medical insurance packages on the top of our priority list, and this is why Mazaya has a long-term collaboration with NowPay.”

Nashwa Saad, Benefits and Compensation Manager at McDonalds said:

“Employees’ need different benefits according to their positions too. At McDonald’s Egypt, employees at the head office focus more on benefits related to flexibility, investment options in the company, self-development, and retirement plans. While for employees at our branches, especially blue collars, their main focus is directed to benefits related to extra money, allowances, promotions.”

Through NowPay, employees can request up to 80% of their salary, in advance, at any time. NowPay’s platform serves hundreds of companies who focus on wellness for their employees across a variety of sectors. It currently manages EGP 8 billion in salaries, with a 100% corporate retention rate. The HR report follows NowPay’s survey of 273 Egyptian companies, showing where major HR issues lie.