Tamkeen to reward firms with more locals
Manama : Tamkeen yesterday announced the launch of its new employment reward system ‘Taqdeer’ to honour organisations that exceeded their Bahrainisation target.
“Any company that has one employee above the LMRA quota is eligible to apply and would receive a financial grant from Tamkeen, said Tamkeen's Chief Executive Dr Ebrahim Mohammed Janahi.
This was announced at a press conference held at the Bahrain Chamber of Commerce and Industry (BCCI) tower.
Dr Janahi said the move is part of Tamkeen’s ongoing effort to create more job opportunities for Bahrainis.
Explaining further, Dr Janahi said the reward can be used by the companies to pay their expenses.
“This can be used for paying municipality fees (not including fines and violations), electricity and water bills, GOSI, CR and SIO fees, health insurance of Bahraini employees as well as their training and development expenses,” he said.
The grant can be utilised over two periods (six months each) for expenses incurred over the past twelve months from applying.
Dr Janahi, however, said the size of the financial grant will depend on the points gained.
Points will be calculated based on the number of employees in the company and their average salary.
When asked about the application process, Qusay Al Arayed, Executive Director of Operations told DT News that all required is logging on to Tamkeen web portal and apply.
“Create an account for your company by registering through our website and activate it by visiting any of our branches.”
The Bahrainisation rate will be monitored by Tamkeen for over a period of six months, before the first part of the grant will be approved. The payments will be processed over two six-month periods
All relevant invoices and receipts can be submitted through the online portal.
All companies with an active commercial registration in Bahrain and exceeds its Bahrainisation rate requirement are eligible for the programme.
He, however, warned that Tamkeen has created an internal monitoring system to prevent misuse. The programme is also fully integrated with LMRA, Al Arayed said.
Meanwhile, Dr Janahi said that Tamkeen is constantly improving its programmes to enhance the prospects of Bahrainis in the job market.
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