Tamkeen, the Labour Fund in Bahrain, has announced the expansion of its National Employment Program with the introduction of two new wage support tracks. These new options aim to enhance the Ministry of Labour’s Jobs+ initiative and provide additional incentives for companies to hire Bahraini nationals. Employers now have the choice between a 50% wage subsidy for three years or a 30% subsidy for five years, in addition to the existing option which offers 70% wage support in the first year, 50% in the second year, and 30% in the third year. This move is part of Tamkeen’s commitment to facilitating the employment of Bahrainis and providing them with access to job opportunities that match their skills and qualifications.
Maha Abdulhameed Mofeez, the Chief Executive of Tamkeen, emphasized the importance of supporting Bahraini talent and stated that it is one of their top priorities. By aligning their programs with the demands of the labor market, Tamkeen aims to ensure that Bahraini nationals have opportunities for growth and development in their careers. The enhancements to the National Employment Program are designed to create an environment that fosters opportunities for Bahrainis, making them the preferred choice for employment in the long run.
The Jobs+ program, launched by the Ministry of Labour in collaboration with the private sector, serves as a comprehensive platform to connect Bahraini job seekers with opportunities in the private sector. Whether registered with the Ministry of Labour or not, job seekers can access a range of services including career counseling, job matching, and personalized follow-ups to help them secure sustainable employment. Companies that post vacancies on the Jobs+ platform can benefit from wage subsidies and other support packages for hiring local talent, further incentivizing the employment of Bahraini nationals.
With these new wage support tracks and enhancements to the National Employment Program, Tamkeen and the Ministry of Labour are working towards creating a supportive ecosystem for Bahraini talent to thrive in the job market. By providing financial incentives for companies to hire local talent and offering job seekers access to career development services, the initiative aims to boost employment rates among Bahrainis and contribute to the long-term goal of making them the preferred choice for employers in the country.
Employers in Bahrain now have more options to receive financial support when hiring Bahraini nationals, thanks to the newly introduced wage support tracks by Tamkeen. By offering a 50% wage subsidy for three years or a 30% subsidy for five years, in addition to the existing support options, companies have the flexibility to choose the best scheme that suits their needs. These initiatives are a step towards bridging the gap between job seekers and employers, ultimately benefiting the overall economy and workforce in Bahrain.
In conclusion, the expansion of the National Employment Program by Tamkeen, along with the introduction of new wage support tracks, highlights the commitment of Bahrain to promote employment opportunities for its nationals. By providing companies with incentives to hire Bahraini talent and offering job seekers access to career development services, the initiative aims to create a more inclusive and competitive job market for the benefit of all stakeholders. Through these efforts, Bahrain is working towards enhancing the skills and qualifications of its workforce, contributing to the country’s economic growth and development.
