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Component: PY-UAE
Component Name: Payroll United Arab Emirates
Description: The national policy of the United Arab Emirates, encouraging organizations in the public and private sectors to employ Emirati nationals.
Key Concepts: Emiratization is a policy in the United Arab Emirates (UAE) that encourages the employment of UAE nationals in the private sector. It is part of the UAE’s overall strategy to diversify its economy and reduce its dependence on foreign labor. The policy is implemented through a number of initiatives, including quotas, incentives, and training programs. How to use it: The PY-UAE Payroll United Arab Emirates component of SAP enables employers to comply with Emiratization requirements. It provides tools for tracking and managing Emiratization quotas, as well as for calculating wages and benefits for UAE nationals. It also includes features for reporting on Emiratization progress and performance. Tips & Tricks: When using the PY-UAE Payroll United Arab Emirates component, employers should ensure that they are aware of all relevant Emiratization regulations and requirements. They should also ensure that they are up-to-date with any changes in the regulations or requirements. Related Information: For more information on Emiratization, employers can consult the UAE Ministry of Human Resources and Emiratisation website (www.mohre.gov.ae). They can also contact their local Ministry of Human Resources and Emiratisation office for advice and assistance.