Qatarization and Education Investment
In line with the Qatar National Vision 2030, Qatar Steel is committed to maintaining a solid and growing base of Qatari employees. While the Qatarization rate has levelled at about ten percent for the past several years, Qatar Steel aims to continue to meet and exceed this rate in the coming years.
|Qatarization Rate (%)||10.3%||10.0%||9.1%|
|Qatari Senior Management (New Hire)||2||0||1|
|Qatari New Hires||5||3||2|
The company follows a threefold approach to attract and retain Qatari talent, following the employee life cycle:
- Developing human capital programs targeted for Qataris;
- Investing in enriching and engaging practices;
- Focusing on education.
To attract new talent, Qatar Steel follows local industry best practices by offering incentives for Qatari nationals, such as competitive pay packages, highly specialized training, and on-going career development opportunities. Moreover, the company’s excellent salary and benefits packages including group insurance, retirement benefits, tuition reimbursement, sick leave and paid vacation.The company also supports employee engagement and satisfaction and provides many development opportunities for existing employees. This includes funding educational training through scholarship and sponsorship programs, as well as alternative work arrangements for newly hired Qatari trainees. In 2018 a total group of 11 students successfully graduated from the scholarship program. Moreover, a new centralized scholarship program has been implemented whereby the submission, interviews, recruitment and allocation of students is now centrally organized by QP, making the process more efficient and reducing educational expenses.
Investment in Education
|Sponsorship/ScholarshipEducation Investment (QAR)||3,601,780||2,522,070||971,714|
To attract Qatari nationals, the company is actively present at various career events of local educational institutions, such as Qatar Steel Open Day at Qatar’s Technical Inde-pendent School and Al Wakrah Independent School. As part of Qatar Steel’s learning and development initiative, the company regularly invites students to visit its premises, providing a detailed induction program to the students on various aspects of its daily operations and get first-hand insights engaging with staff.
Spotlight: Qatar Steel Participated in Qatar University Career Fair
To attract Qatari nationals, the company is actively present at various career events of local educational institutions, such as Qatar Steel Open Day at Qatar’s Technical Inde-pendent School and Al Wakrah Independent School. As part of Qatar Steel’s learning and development initiative, the company regularly invites students to visit its premises, providing a detailed induction program to the students on various aspects of its daily operations and get first-hand insights engaging with staff.Good educational institutions lay the bedrock for any community. At Qatar Steel we are proud to engage with Qatar University (QU), by participating in the 12th Qatar University Career Fair in March. With a vision to attract and guide Qatari talent to join the workforce in government and private organizations, the career fair proved successful as an impressive number of young people attended the fair during the four days event. The event featured over 75 information booths from the government and private organizations.The event was inaugurated by HE Dr. Issa Bin Saad Al Jafali Al Nuaimi, Minister of Administrative Development, Labor and Social Affairs. The annual career fair is an important event to provide high school and university students with the opportunity to meet and interact with prospective employers and learn more about employment options, trainings and sponsorship opportunities.At the fair, students had the opportunity to interact with Human Capital representatives of Qatar Steel and gain insight into the employment requirements, as well as learn about the various training programs and internships that they can follow to develop their technical and functional skills, abilities, and professional experience. This will surely encourage prospective talent to join Qatar Steel and contribute to Qatar’s vision for sustainable development.
Spotlight: Qatar University Students VisitQatar Steel
In November 2018, Qatar Steel invited a group of 35 industrial engineering students along with their academic staff from the College of Engineering of Qatar University to explore the company’s operational processes on site. This participation has taught the students about how a steel plant operates, the steel making process, and what it means to be a part of such a large and important manufacturing sector.Qatar University academic staff reported that, “The students are highly motivated and had a realistic expectation of what they would encounter. This experience, together with the highly committed staff at Qatar Steel, has offered a great experience for the students.”
Spotlight: Visit of Abdelrahman Bin Jassim Preparatory School (Al-Wakra) Students to Qatar Steel
Qatar Steel believes that encouraging youths to think about their futures is important from a young age. It is also important to teach young people and children about the world around them to encourage active participation in their communities. As such, we also invited Abdelrahman Bin Jassim Preparatory School (Al-Wakra) to visit us in March with the aim of enhancing their knowledge about the steel industry.