iPhone | iPad
Android
Huawei
Failure to register in the unemployment insurance scheme by June 30, 2023, will result in a penalty of Dh400 for the employee
KT APPDOWNLOAD
UAE's global ranking to attract talent improves in 2022
Report considers factors such as good remuneration, lower level of taxes, cheaper cost of living, among other things
File photo
The UAE’s global ranking to attract and retain talent has improved in 2022, jumping two places to 21st, according to the 2022 IMD World Talent Ranking.
The Emirates also retained its position as the leading country in the Arab World to attract and retain talent.
The UAE’s ranking has improved from 30 in 2019 to 21 in 2022.
Regionally, the UAE is followed by Saudi Arabia (30), Qatar (34), Bahrain (35) and Jordan (49).
The UAE has been rated highly in foreign highly-skilled personnel, zero income tax, availability of skilled labour, senior managers with international experience, availability of competent senior managers, a high number of graduates in ICT, engineering, math and natural sciences and student mobility inbound.
The UAE has taken a host of measures such as the introduction of the Golden Visa, Green Visa, 5-year Multi-entry Tourist Visa, and Retirement Visa among others to attract and retain talent. In addition, a new pension scheme has also been introduced which would help retain talent in the country.
Globally, Switzerland remains in the top spot followed by Sweden, Iceland, Norway, Denmark then Finland. Luxembourg drops to seventh place, while Austria falls to eighth. The Netherlands and Germany remain in ninth and 10th position, respectively.
“An appealing environment for talent is fostered by good remuneration, a lower level of taxes and a cheaper cost of living, together with a higher quality of life (affected, for instance, by the quality of the education system) and a fair judicial system,” said 2022 IMD World Talent Ranking report.
ALSO READ:
More news from Jobs
Lack of modern workplace behaviour, growing competition and increased automation are among the reasons
The new requirements — which were supposed to be come into force on February 1 — are met with resistance, but the Philippine labour office stresses that ‘the aim is not to trouble people’
According to authorities, letting the pensioners know the date helps them them to manage their finances during the year
The company also expects very low US growth in 2023 of about one per cent, under the global average of 1.5 per cent
Country's labour ministry to create pool of skilled workers for job market
Several local companies express desire to train and absorb them
Announcement to come a week before tech giant reports its earnings for final three months of last year