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8.1 Human Resource Policy

N 35/2018 STA
  1. 8.1.1The Licensed Person must implement a Human Resource Policy approved by the Board of Directors (or by the Owner/Partners where there is no Board of Directors);
  2. 8.1.2The Human Resource Policy must cover the following at a minimum:
    1. a)Recruitment and Know Your Employee (KYE) Policy;
    2. b)Induction and trainings;
    3. c)Job descriptions and KPIs;
    4. d)Segregation of duties;
    5. e)Staff rotation;
    6. f)Working hours and overtime pay;
    7. g)Leave, holidays and vacation;
    8. h)Performance evaluation;
    9. i)Rights and responsibilities of employees; and
    10. j)The Disciplinary Process.
  3. 8.1.3The Human Resource Policy must be in line with all applicable Laws and Rules of the UAE. The Human Resource Policy must be reviewed at regular intervals.