While laws and regulations ensure employees' basic rights — they set the floor, not the ceiling
jobs1 month ago
Starting from January 1, 2023, private sector companies with 50 employees or more that have not raised Emiratisation targets by 2 per cent of skilled jobs in 2022, will be fined, the Ministry of Human Resources and Emiratisation (MoHRE) said on Thursday.
The fines are Dh6,000 per month, a total of Dh72,000 annually, for each Emirati who has not been employed as per the requisite percentage to be achieved by the end of 2022.
The value of the monthly penalties increases progressively at a rate of Dh1,000 annually until 2026, by which companies are required to achieve up to 10 per cent growth rate in their Emiratisation targets.
In a statement, the Ministry said: "We aim to achieve an effective participation of the private sector in the development process of the UAE, as raising the participation of Emiratis in this sector will have a positive impact on the competitiveness, attractiveness, and stability of the business environment in the country."
"We will continue to activate the partnership between the government and the private sectors on Emiratisation, based on our belief that Emiratis can make a positive impact within the vital economic sectors, as well as our aspiration to advance the growth of the private sector companies and improve their ability to keep pace with successive developments locally and globally," it added.
The Ministry noted that the legislation governing Emiratisation will contribute to "strengthening the diversification of the labour market and will consolidate the UAE's position as an incubator of national and international talents and an ideal destination to work, live and invest."
The Ministry lauded the steps taken by companies that have met the required Emiratisation targets for 2022, adding: "Now, we look forward to witnessing a greater impact in 2023, as the Emiratisation targets will increase by 2 per cent until 2026, resulting in a growth by 10 percent of Emirati skilled employees."
The Ministry offers support and incentives for the companies that achieve qualitative achievements in training and employing Emiratis in accordance with the objectives of the Nafis programme, which include joining the Emiratisation Partners' Club that leads to be classified as a category one companies in the Ministry's establishment classification system, thus obtaining discounts of up to 80 per cent on the Ministry's service fees.
ALSO READ:
While laws and regulations ensure employees' basic rights — they set the floor, not the ceiling
jobs1 month ago
Qatar also saw 3 per cent growth in job creation while Kuwait, Bahrain and Oman recorded decline in new jobs
jobs1 month ago
Industrialists Career Exhibition marks its third edition since launching in October 2023
jobs1 month ago
What if there were clashes or concerns before the 'boomerang employee' left the firm? How can the workplace avoid a repeat of past drama?
jobs1 month ago
There are currently around 631,000 people associated with aviation-related jobs, equivalent to one in five jobs in Dubai
jobs1 month ago
This increase in hiring is a positive shift after a dip in September which saw the ‘mildest rise’ in overall employment since late 2022
jobs1 month ago
It’s crucial to remember that not everyone wears their party hat the same way — some won't even want to celebrate for personal reasons
jobs1 month ago
Let's face it: By revealing that you are earning less than the market average, you risk getting a lower pay package, but if you inflate your salary, there could be serious repercussions — so what should you do?
jobs1 month ago