Unemployment Insurance in the UAE – All You Need to Know
Unemployment Insurance in the UAE is expected to be fully implemented by the 1st of January 2023, with all government and private sector employees required to Opt In with their chosen insurance provider. The Unemployment Insurance Scheme, introduced by the Ministry of Human Resources and Emiratisation, is designed to assist workers during periods of unemployment […]
Understanding Gratuity Liability under the UAE’s New Labor Law
What are the changes to UAE labor law? how do these changes affect gratuity liability for SMEs and their employees?
4 Essentials Of The Workplace Savings Plan That Employees LOVE!
What are the essential components of a successful workplace savings plan? Education, Transparency, flexibility, and Lower fees. Create a plan your employees will love.
The UAE has some big news about changes to the end of service benefit law
The UAE just made a big change to its end of service benefit laws. Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, has introduced a new plan to protect workers’ savings and encourage investment. During today’s Cabinet session, we adopted an alternative system for end of service rewards for workers in the private sector […]
UAE’s Unemployment Insurance – Penalties and Fines You Don’t Want To Pay
The United Arab Emirates has recently introduced a mandatory unemployment insurance scheme, known as the Unemployment Insurance Scheme (UIS) or the Involuntary Loss of Employment (ILOE) scheme. This scheme is designed to assist workers during the period of unemployment by providing cash compensation with a limit of up to 3 months. However, failure to sign […]
Unpaid Leaves And Gratuity Pay – New Rules You Should Know!
Unpaid leaves have always been a controversial subject when it comes to gratuity pay calculations. This new rule aims to bring more clarity to this matter.
In a recent statement, the Ministry of Human Resources and Emiratization (MOHRE) clarified that unpaid leave days would not be included in the calculation of gratuity pay for employees in the UAE. The new rule is set to make the calculation of gratuity of departing employees clear and encourage employees to take their available time off more frequently.
Employee financial safety and its benefits for business growth
Planning and managing employee financial safety may feel like a difficult and time-consuming task for an organisation, but in reality, it can be a fruitful endeavour in the long run. During trying times, such as in the case of a recession, people feel uncertain about the future and often struggle to make ends meet. When […]
UAE’s Company Categorization Rules, a Game Changer for the Region
The UAE’s new company categorization system effectively caters to the needs of businesses and protects the rights of employees and skilled workers in the country. The new system divides companies into three tiers based on their compliance with the laws and best practices that govern the business environment. It also rates companies of all sizes […]
Flexible Work Policies, SME’s secret weapon to growth!
The concept of Work from Home (WFH) and virtual meetings was once little known in the pre-pandemic world. The idea of flexible work policies was only applicable to very few, usually in higher positions up the corporate ladder. And as we enter the post-pandemic phase, the world has now seen what’s possible with remote work […]
Rising Inflation: 3 Tips to ease its effect on the working class
The pandemic set the entire world economy on an unprecedented rollercoaster ride. As the world was recovering from this deadly virus, Russia’s invasion of Ukraine sent price indexes into a downward spiral and unleashed a new bout of rising inflation. According to the UAE National Bureau of Statistics, annual inflation in the country climbed to […]
How To Manage Employee Benefits In Times Of Economic Recession?
When we talk about employee benefits, a general feeling of welfare comes to mind. Solid insurance, gym facilities, fruit baskets in the office, and maybe even a once-in-a-year team vacation. But when we talk about a recession, the feeling is quite the opposite. Images of empty desks and boxes full of personal items jump to […]