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Abu Dhabi: The Ministry of Human Resources and Emiratisation (MOHRE) on Friday called on private companies to achieve their UAEisation targets within the next 50 days or face hefty fines, the Emirates News Agency (WAM) reported.
From January 2023, companies that fail to meet the Emiratisation target will be fined an average of Dh6,000 (Rs 1,31,503) per month or Dh72,000 per year.
The goal is to increase the rate of Emiratisation by increasing the growth rate of skilled jobs by 2% in companies employing 50 or more employees.
The goal is to increase this rate to 10% by 2026. This step aims to create more than 12,000 jobs annually for citizens of all sectors of the economy.
These decisions are in line with the goals of the Nafis initiative, which aims to improve the competitiveness of the UAE workforce and promote employment of the country’s nationals in the private sector.
“We reaffirm our belief in developing the UAE labour market in partnership with the private sector to help improve the business climate and investment climate, encouraging companies, investors, entrepreneurs and talents from all over the world to work in the UAE, especially in strategic areas,” the ministry said. said in a statement.
“It is ultimately in the interests of private sector companies and their employees to comply with legislation regulating the labour market,” it added.
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