harnessing the potential of emirati human capital
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Harnessing the potential of Emirati human capital

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Harnessing the potential of Emirati human capital

Dubai - Arabstoday

Despite phenomenal economic growth, Emirati participation levels in the private sector remain extremely low. The UAE\'s growth over the past two decades has not come without its challenges. Chief among these is the lack of integration of the Emirati workforce into the private sector. Despite various Emiratisation initiatives, the bridge linking the Emirati workforce with private sector businesses remains narrow. On the one hand, Emiratis generally favour a career in the stable and comfortable public sector. On the other, the private sector overwhelmingly perceives higher economic value from foreign resources. Emiratis currently occupy less than 2 per cent of the 2.2 million jobs in the private sector. The public sector, traditionally the largest employer of Emiratis, employs 495,000 Emiratis. According to the UAE National Bureau of Statistics Labour Force Survey in 2009, the unemployment rate among the Emiratis stands at 14 per cent. Unless immediate policy interventions are made, the severity of the issue will further increase with over 200,000 young Emiratis expected to join the workforce by 2019. TCO Management Consulting examined the causes behind the low participation of Emiratis in the private sector across industries and highlighted a number of issues: Most private sector companies misinterpret Emiratisation as a numbers game and treat it as a cost of doing business in the UAE. Emiratisation is rarely recognised as a credible talent strategy, with companies seldom offering long-term career progression schemes tailored for Emiratis. Meeting quotas Our interactions with some of the organisations in sectors bound by quotas, such as banks and insurance providers, reflect that mostly these entities hire Emiratis to meet quotas and avoid penalties. Some organisations, while acting in good faith, lack the necessary capabilities and expertise for sound career planning. The private sector job market is smaller than it appears and social prestige, cultural tradition and religious beliefs create substantial barriers to certain types of jobs among Emiratis. TCO\'s analysis reflects that while the nominal size of the job market in the private sector is an estimated 2.2 million. Of this, 56 per cent of jobs lie in industries that are not favoured by Emiratis due to reasons mentioned above. These industries include hospitality, construction and manufacturing. As a result, the real number of opportunities open to Emiratis is closer to 1.2 million, as a theoretical maximum. Generous compensation packages and better working hours in the public sector have contributed to creating an expectation gap between the Emiratis exploring opportunities in the private sector and potential employers. Entry level pay This is especially true at the entry level positions, with undergraduates expecting Dh17,000 to Dh20,000 monthly pay, compared to the Dh4,000 to Dh10,000 most private sector entities are prepared to offer, according to a UAE National Bureau of Statistics-Labour Force Survey. In addition, the weekly average number of hours actually worked in the private sector is up to 30 per cent more than those required in the public sector. There has been a consistent push by the country\'s leadership towards a knowledge-based economy. However according to Ministry of Higher Education and Research, only 24.6 per cent of Emirati students were enrolled in science and technology majors. These disciplines are vital for leveraging the opportunities available in a knowledge-based economy. This mismatch between the type of jobs that will be created and the type of skills Emirati students are pursuing today could increase the Emirati unemployment levels further. Conclusion It\'s obvious that a multitude of policy interventions and initiatives need to be undertaken to increase the participation of Emiratis in the private sector. First, it is important for policymakers to define and communicate the fundamentals of Emiratisation to stakeholders at all levels. This should serve to provide a uniform interpretation of what Emiratisation really means and what it is really supposed to achieve. Second, government incentives and other interventions should nudge the private sector to revamp their talent strategies to include Emiratis and focus on the development of Emiratis, rather than merely the hiring of Emiratis. A recent initiative by the Sheikh Khalifa Fund offers to fund the costs related to the initial development and induction of Emirati employees in a private sector organization. The National Human Resource Development and Employment Authority (Tanmia) has also been successfully contributing to Emiratization through their training initiatives and facilitating job placements. These are steps in the right direction and should act as an incentive for both large businesses and SMEs to hire and nurture Emiratis. Third, the real job market size can be significantly expanded by creating awareness about specific jobs. This will make them socially acceptable for Emiratis without overstepping cultural and religious sensitivities. Fourth, career orientation programmes need be adopted at schools to make students aware of the opportunities presented by a progressively knowledge-based economy. 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

harnessing the potential of emirati human capital harnessing the potential of emirati human capital

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

harnessing the potential of emirati human capital harnessing the potential of emirati human capital

 



GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 04:53 2016 Monday ,16 May

English Premier League results

GMT 05:06 2024 Tuesday ,06 February

New hunt for flight MH370 gets under way

GMT 06:15 2018 Tuesday ,23 January

Volkswagen clinches record sales

GMT 13:13 2016 Wednesday ,14 December

Unarmed old man killed by police in California

GMT 15:00 2017 Wednesday ,08 March

1 killed, 2 missing due to Avalanche in French Alps

GMT 12:07 2017 Saturday ,25 February

Renault’s R.S.17 features Infiniti co-built ERS

GMT 12:52 2017 Saturday ,04 November

Belgium 'to study' Spain's EU warrant for Catalan leader

GMT 08:40 2017 Wednesday ,01 November

Miss Morocco launch her first charity program

GMT 16:26 2016 Friday ,04 November

All Black brothers in arms ready for rare double

GMT 08:21 2017 Saturday ,30 September

Al Sayed underlines economic improvement

GMT 10:27 2017 Wednesday ,13 December

Strikes kill 12 in rebel-run Yemen prison camp

GMT 10:52 2017 Saturday ,14 October

NGOs slam UN aviation agency plan
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice