A government report revealed that 98.8% of workers and employees of private sector establishments registered with the Ministry of Human Resources and Emiratisation are subject to the insurance system to protect wages and financial entitlements, while more than 24,000 workers have benefited from the insurance program to protect workers’ entitlements over the past five years.
In detail, a statistical report by the Ministry of Human Resources and Emiratisation stated that the labor market in the UAE is an inspiring model, due to the components it possesses that constitute basic pillars that have placed it among the best global markets in attracting competencies and talents from countries of the world, which see the UAE as the ideal place to launch their businesses and realize their dreams. And its ambitions, in an atmosphere of stability, security and equal opportunities, noting that the UAE labor market succeeded during the past year (2023) in topping global competitiveness indicators with regard to the ability to attract talent, according to the “Global Prosperity” report, and tolerance towards foreign workers, according to the report. “Global Talent Competitiveness,” issued by the International Business School (INSEAD), also achieved second place globally in “Accessing Growth Opportunities,” and third place globally in “Retaining Talent,” according to the same index, as well as third place globally in “Foreign Employment Levels.” “Higher skill,” according to the International Institute for Management Development (IMD).
The government report, a copy of which was obtained by Emirates Today, indicated that the labor market in the UAE was also able to achieve fourth place globally in the “correlation of wages to productivity” according to the Global Talent Competitiveness Index issued by the International Business School (INSEAD), in addition to It reached sixth place in the world, considering that “the UAE is one of the best countries to live and work,” according to the German “Internations” Foundation, which specializes in research related to the quality of living in various countries of the world. Finally, it achieved tenth place in the world, considering that “the UAE is among the most competitive economies,” according to the global competitiveness classification. Issued by the International Institute for Management Development (IMD).
The report revealed that 98.8% of the total workforce registered in the private sector is now benefiting from the workers’ protection insurance system that protects financial entitlements, including unpaid wages, stressing that more than 24 thousand workers have benefited from the insurance program to protect workers’ entitlements over the past five years. This included claims related to unpaid wages, unpaid end-of-service benefits, and other legal entitlements.
He explained that the average amount paid as dues to each worker starts from 8,000 dirhams, and the dues may reach 20,000 dirhams, noting that the total amounts paid to workers for the dues they claimed over the past five years exceeded 202 million dirhams.
The report spoke about the insurance system for workers in establishments, which the Insurance Complex has been implementing since October 2018, as an alternative and optional system to the bank guarantee system allocated to each worker at the rate of 3,000 dirhams, as it confirmed that it has proven a great success in protecting the worker from the repercussions of the employer’s refusal or inability to Payment of labor dues, with a total coverage amounting to a maximum of 20 thousand dirhams for the benefit of the beneficiary worker in the private sector, pointing out that the labor insurance system was developed in April 2021 in a way that achieves the greatest amount of benefit for both parties to the labor relationship. The insurance coverage includes additional labor dues and more flexible requirements.
The report stated that the worker protection insurance system in the private sector in the country witnessed an unprecedented boom regionally as a result of the implementation of the unemployment insurance system, in implementation of the provisions of Federal Decree Law No. 13 of 2022 regarding unemployment insurance, which provides security to employees who have lost their jobs until… They join new jobs, provided that they do not lose their job due to disciplinary reasons or resign, indicating that this unique insurance system has succeeded in attracting 6.7 million subscribers from workers and employees of companies and private establishments.
According to the report, employees who are eligible to benefit from this insurance system can obtain monthly cash compensation of up to 60% of their average basic salaries for the last six months preceding the loss of work, provided that the cash compensation is for a period of up to three months with a maximum claim, provided that they participate in the Insurance for at least 12 consecutive months.
• “Human Resources and Emiratisation”: The labor market in the UAE is an inspiring model in attracting international competencies and talents.
99% rate of implementation of the noon work ban
The Ministry of Human Resources and Emiratisation confirmed that the decision to ban working under the sun and in open spaces at noon is one of the basic pillars of the comprehensive system of legislation and laws aimed at protecting and guaranteeing the rights of workers in the UAE, explaining that this initiative falls within the Ministry’s efforts to provide an appropriate work environment that takes into account the best Occupational health and safety standards that protect workers and ensure that they are not exposed to occupational injuries and diseases resulting from exposure to high heat in the summer, including sunstroke, heat exhaustion, and others.
The Ministry praised the broad commitment to implementing the decision to ban noon work during the past year, which is considered the 19th year in a row, and which exceeded 99% of the total companies targeted by the decision, pointing out that this commitment reflects a comprehensive vision that embodies in its essence the well-established humanitarian standards in the UAE, which It places the promotion of health and safety of the workforce at the top of its priorities.
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