Al-Jaida: Transparent environment.
The Qatar Financial Centre (QFC) has announced the establishment of an independent Employment Standards Office (ESO).
The ESO, which previously operated under the Legal department, is the new statutory compliance office for businesses registered under the QFC.
The office has been established with the aim to protect both employers and employees through robust regulations, codes, and procedures. Its objectives include enforcing compliance with regulations, ensuring fair treatment of employers and employees, encouraging communication between its members, facilitating dispute resolution, and developing a productive QFC work force.
QFC chief executive officer Yousuf al-Jaida said: “The ESO is an important part of the QFC’s foundations. By establishing it as an independent entity, we are further ensuring that all QFC employees and licensed firms work in a transparent environment where they are treated fairly and are encouraged to resolve disputes amicably.”
He added: “I am confident that the QFC business community will greatly benefit from the services offered by the ESO and will continue to positively contribute to the growth of Qatar’s economy.”
In addition to the role of administrating and enforcing employment regulations and employment code at the QFC, the ESO also works closely with the Ministry of Labour and Social Affairs to provide relevant information related to employees working under the QFC. Simultaneously, the ESO gathers information about Qataris who work at the QFC in view of identifying trends in the Qatari labour market.
Qatar IPI surges year-on-year in April on higher hydrocarbon extraction: PSA
Central banks must act quickly on inflation, warns BIS
Microsoft deepens investment in Qatar with new state-of-the-art office; expands operations to empower economic growth
QRDI Council partners with Ooredoo, Milaha for second batch of innovation calls for QOI programme
Private sector achieves 46% growth earning up to QR7.7bn, says Qatar Chamber report
IMF suggests measures for 'independent monetary policy' for Qatar
Higher energy prices to see Qatar budget surplus widen to 12.8% of GDP: NBK
QSE sees 376 points gain in index; M-cap surges QR21bn
MCIT concludes eCommerce webinar series
There are no comments.