Ulaanbaatar
5 percent quota set for foreign employees
PoliticsUlaanbaatar /MONTSAME/ The cabinet set a quota for foreign nationals to be employed by entities in Mongolia for 2017, on November 9. Thus, the total number of foreign employees in an organization or company is to not exceed 5 percent of its total staff .
The company or organization will seek pertinent permits from the Department of Labor and Welfare Services, when the number of foreign workers do not exceed 50 percent of the allowed quota. Otherwise, the employer should submit request to the government.
As of October of 2016, a total of 11,072 foreign nationals are employed in Mongolia, which represents 33 percent decrease compared to last year. The Employment Fund accumulated MNT 43 billion in 2015. As of the end of October, MNT 12 billion was accumulated out of the supposed MNT 37.8 billion for this year.
