Abu Dhabi: The decision to unify public and
private sector holidays in the UAE will make employees more productive and provide a major impetus to the country's economic growth, according to Nasser Bin Thani Al Hamli, Minister of Human Resources and Emiratisation.
At the same time, as of May 1, 2018, 1.538 million people were employed (887,200 people worked in the public sector of the economy and 651,000 people in the
private sector).
The average weekly salary for employees of the public sector/government's IPOs and
private sector has increased by 5.9% over 2014 to reach EGP 806, compared to EGP 761 in 2013.
The seminar assess the laws and policies regulating employment in the
private sector, education and training outputs and their conformity with the requirements of the labor market in the
private sector.
RIYADH: MD RASOOLDEEN | ARAB NEWS STAFFThe
private sector is a key partner in the national development of a country and the Kingdom has been exerting all its efforts to harness the benefits of public and
private sector partnership for the good of the country.
But they also found that when those same public employees are compared to private-sector workers with similar backgrounds--particularly age and education--those in the
private sector earn nearly 3 percent more on average.
These legal arguments--whether meritorious in any particular instance or not - are always available for negotiating purposes in the
private sector. As mentioned, that is not always the case regarding public works contracts.
We are faced in many cases with the
private sector of the United States being forced to compete against governments, a battle which the
private sector loses every time.
Like anti-corruption, IPR protection and enforcement is a natural area for close, concrete cooperation with the
private sector. We look forward to getting your ideas and proposals.
Private sector momentum is what is driving the fund.
Increased austerity is crushing the domestic
private sector.