New workplace savings scheme for expats working for Dubai government
The recently announced end-of-service savings scheme for expatriates working in Dubai’s public sector offers foreign workers an outstanding opportunity to invest and grow their savings. The employer will contribute the worker’s total end-of-service gratuity to the scheme while the employee can choose to make additional personal contributions if he so wishes. The rate of return […]
Retirement Savings – 3 Key Approaches You Should Know.
When thinking about retirement savings, one key question that jumps at you is, “What can I invest in?”. If you faced that dilemma, you are not alone. This is a typical question every investor and advisor asks. And the answer was even more controversial. In 2016, Warren Buffett famously wrote in a letter to the […]
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?
DIFC’s New Gratuity Scheme (DEWS) – All You Need To Know
DIFC has recently rolled out a set of regulations that effectively change the end of service gratuity system in this zone. This is considered by many experts as a move in the right direction of establishing the UAE as a central hub for talent.
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.
Employee Financial Wellness In The UAE – a sad affair!
With 58% of employees working in the UE reporting they are stressed about their finances, what can employers do to relieve that stress and insure the financial wellbeing of their team