2nd Emirates Labour Market Award Highlights Workforce Excellence in UAE
H.H. Sheik Theyab bin Mohamed bin Zayed Al Nahyan celebrated excellence at the second Emirates Labor Market Award ceremony. This award recognizes the best practices in UAE’s workforce. The program rewards innovative ideas and environmentally responsible employment initiatives across the nation.
The Ministry of Human Resources & Emiratisation – Dubai Labor Office hosted the 2023 Emirates Labor Market Award. Private sector companies, support organizations, and individuals participated in record numbers this year. The selection process identified organizations and people who showed steadfast dedication to improving UAE’s labor standards and workforce growth.
Record-Breaking Participation and Growth
The Emirates Labor Market Award reached a major milestone in its second year. The award received over 7,700 applications in its expanded categories. This shows a remarkable 120 percent increase from last year’s 3,500 entries and proves the private sector’s dedication to workforce excellence.
The program now covers five main categories instead of three:
- Companies and Establishments
- Labor Accommodation
- Business Services Partners
- Workforce Recognition
- Special Recognition
Prize money jumped to AED 37 million from last year’s AED 9 million. This boost reflects the program’s growing influence. The judges picked 84 winners from a large pool of applicants. These winners stood out for their excellent workplace practices and state-of-the-art solutions.
The Ministry of Human Resources and Emiratisation added two new categories in this edition – Labor Accommodations and Special Recognition. These additions show their dedication to complete workforce development. Judges had to update their evaluation methods to handle the competitive entries while meeting the award’s strict standards.
Excellence Across Sectors
The Emirates Labor Market Award showed outstanding performance in a variety of industry sectors. Winners illustrated excellence in multiple areas. The complete evaluation process rated participants on these significant criteria:
- Employment and workforce strengthening
- Occupational health and safety practices
- State-of-the-art and creativity implementation
- Talent acquisition strategies
- Labor relations and wage management
- Corporate social responsibility initiatives
24 organizations earned recognition in nine subcategories of the Companies category. Oceaneering OIS Company in Mining and Emirates District Cooling in Manufacturing delivered exceptional results. Damac claimed the top spot in Real Estate, while Al Fardan Exchange led the Financial sector.
The Special Recognition category, a new addition to the awards, recognized innovative initiatives that revolutionized UAE’s labor sector. The Talabat Rest initiative and Food ATM program brought fresh approaches to workforce welfare. The Al Fahim Group earned honors in the Elite Companies subcategory because of their excellent practices and positive impact on UAE’s labor market.
Winners in first place received major benefits. These included placement in the Ministry’s top company rankings and financial savings up to AED 1.5 million. This reflects UAE’s steadfast dedication to encourage excellence in labor market practices.
Economic Impact and Market Development
The Emirates Labor Market Award stands as the life-blood of UAE’s economic development strategy. It plays a crucial role to shape a competitive, knowledge-based economy. This initiative supports UAE’s ambitious 2031 vision and Centennial 2071 Plan. It creates an active environment that meets international standards and welcomes state-of-the-art ideas across key sectors.
Companies that win the award receive substantial benefits:
- Classification in MoHRE’s first category rankings
- Financial savings up to AED 1.5 million for first-place winners
- Premium service access and priority transaction processing
- Better technical support through dedicated channels
UAE’s economic infrastructure has grown stronger through this strategic initiative. The nation now ranks among the world’s fastest-growing economies. The program builds on public-private sector collaboration to create a strong framework for sustainable development. Employee welfare and workplace standards have improved significantly.
The award’s benefits go way beyond the reach and influence of immediate financial gains. UAE has become a global destination for talent and business innovation. Companies that excel in labor market practices receive recognition and rewards. This approach attracts international investment and boosts local economic growth. UAE has become an ideal place to live, work, and invest. The country continues its experience toward a sustainable, diverse economy.
The second Emirates Labor Market Award is evidence of UAE’s dedication to workforce excellence and sustainable economic growth. A substantial prize pool of AED 37 million and expanded categories have motivated more than 7,700 private sector applicants to participate.
Winners in a variety of sectors prove the award’s success in promoting excellent workplace practices. Companies like Oceaneering OIS Company, Emirates District Cooling, and Damac have set new standards for industry excellence. The Talabat Rest program shows meaningful contributions to worker welfare.
This recognition program lines up with UAE’s broader economic vision and strengthens its position as a global hub for talent and state-of-the-art solutions. Winning companies receive detailed benefits that emphasize sustainable development and workplace standards. These initiatives demonstrate UAE’s commitment to building a knowledge-based economy.
The Emirates Labor Market Award program will continue to promote excellence in workforce development as UAE moves toward its 2031 vision and Centennial 2071 goals. This strategic initiative helps UAE cement its position as a premier destination where businesses grow and professionals achieve their goals.
