The UAE announces an increase in the salaries of state workers, The overall value of compensation paid to workers in the UAE climbed by 17% over the course of the previous year, which is fantastic news regarding the increase in the earnings of workers in the UAE.
The statistics that was issued by the UAE Central Bank revealed that the value of salaries reached 249 billion dirhams in 2022, which is an increase from the previous year's figure of 212 billion dirhams.
Mohamed Ben Rached
Increase the number of employees in the wage protection system
The overall number of wages rose from 46.4 million to 55.5 million as the average number of employees registered in the wage protection system at the UAE level grew from 4.2 million in 2021 to 5.2 million in 2022. This represents an increase of one million persons.
An growth of 27% brought the total number of registered businesses in the system up to 275,680 at the end of 2022 from 216,690 at the end of 2021. This represents a significant jump in the number of businesses.
It is important to emphasise that the Wage Protection System is an electronic system. This system enables businesses to pay their employees' wages through banks and other financial institutions that have been validated, and it applies to all registered businesses across all industries and sectors.
