Private companies hired more local talent by 11% in the first quarter of 2023
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The Ministry of Human Resources and Emiratisation (MoHRE) of the United Arab Emirates (UAE) announces excellent results in the hiring of Emirati talent on the regional labor market.
The number of Emiratis employed in the private sector
climbed by more than 11% in the first quarter of 2023 compared to the same
period in 2022, according to the authority. The number of businesses hiring
residents climbed by almost 13%, the government announced on Wednesday.
The Nafis program was established by the UAE government as
a measure to increase the national cadres' ability to compete for positions in
private sector businesses. One of Nafis' top priorities is to equip Emiratis
with the knowledge and abilities they need to find employment and forge
academic and professional routes that will offer them with potential future
prospects.
In the first three months of 2023, MoHRE organized more
than 80 recruiting open days around the UAE to entice Emiratis to take
advantage of the lucrative career prospects provided by the private sector.
In order to get assistance from the Nafis program, private
sector businesses must enroll their Emirati employees in the UAE's pension and
social security programs. Fines and penalties "based on relevant
decisions, law and legislations" would be incurred if the Emirati
personnel were not registered in the systems.
Employers are subject to fines, according to the General
Pension and Social Security Authority (GPSSA), for each Emirati employee who is
not registered with the GPSSA. They also "bear the responsibility of
contributing on his/her behalf retroactively and paying the due contributions
as per the employee's start date."
A punishment of Dh5,000 is imposed on each insured
individual who is charged a percentage that is more than the required contribution
percentage or who fails to pay any expenditures at all. A court order is
immediately implemented to compel organizations to reimburse overpayments to
their insured personnel.
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