The year 2022 would be of explosive growth post covid. These degrees may lead to the highest-paying employment in the United Arab Emirates. In addition, the UAE will be the best destination to work and live in the world. A new initiative came into existence which is a part of UAE Projects of the 50 initiatives launched in 2021. Emirates will observe the private sector offering more than 13,000 jobs to UAE nationals in 2022.
Cost Of Hiring Expats Is Far Expensive Compared To Emiratis
According to the Minister of Human Resources and Emiratisation, the private sector would give rise to more than 13,000 employment opportunities. This initiative will cater to all Emirati citizens that can fit in the number of jobs produced by this year. In September 2021, the UAE government unveiled 13 new schemes. It aimed at encouraging 75,000 Emiratis to engage in this sector over the tenure of the coming five years.
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Authorities presented ‘Nafis,’ a government program to boost the number of Emiratis engaged in this sector from 2% to 10%. This was also a part of the 50 projects. Nafis is made up of 13 projects and development initiatives worth Dh24 billion in total. These include, among other things, a salary assistance scheme that pays up to Dh5,000 per month for five years. Also, a Dh1 billion fund, dedicated to assisting graduate students and their start-ups, and unemployment benefits.
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Annual Leave System For Private Sector
The UAE has set yearly leave requirements for private-sector employees and employers, according to Gulf News. Under Federal Decree-Law no. 33 of 2021 concerning the regulation of labour relations (the ‘New Labour Law,’ which will take effect on February 2, private sector employees are eligible for a fully paid annual leave of at least 30 days each year of service, and two days for each month if their service is more than six months but less than a year.
Also Read: UAE New Labour Laws: Same Leaves For Both Public And Private Sectors