Starting July 1, authorities in the UAE will begin assessing whether private sector companies have achieved their Emiratisation targets for the first half of 2024. Firms with 50 employees or more that haven’t added 1 per cent more Emiratis to their payroll over the last six months will be fined.
This came as the Ministry of Human Resources and Emiratisation (MoHRE) confirmed June 30 as the final deadline for meeting targets for H1.
This year, the fine is Dh8,000 per month for each Emirati not hired.
Private companies in the country are required to increase the number of their Emirati employees by two per cent every year.
By the end of last year, companies were required to have 4 per cent Emiratis as employees. By the end of this month (June), this should be upped to 5 per cent. Before 2024 ends, a firm’s workforce must have 6 per cent UAE nationals.
Source: Khaleji Times