{"id":2233,"date":"2022-05-12T17:32:00","date_gmt":"2022-05-12T13:32:00","guid":{"rendered":"https:\/\/lovin.co\/rak\/en\/uncategorized\/uaes-new-insurance-scheme-will-grant-all-unemployed-workers-60-of-their-basic-salary"},"modified":"2022-05-12T17:54:58","modified_gmt":"2022-05-12T13:54:58","slug":"uaes-new-insurance-scheme-will-grant-all-unemployed-workers-60-of-their-basic-salary","status":"publish","type":"post","link":"https:\/\/lovin.co\/rak\/en\/uncategorized\/uaes-new-insurance-scheme-will-grant-all-unemployed-workers-60-of-their-basic-salary\/","title":{"rendered":"UAE’s New Insurance Scheme\u00a0Will Grant ALL ‘Unemployed’ Workers 60% Of Their Basic Salary"},"content":{"rendered":"

The thought of being unemployed could be quite daunting.<\/p>\n

Bills on bills mounting up with no clear insight as to when and how you will land a new job… a scary thought for sure but one that’s been made slightly more ingestible courtesy of the UAE’s new insurance plan.<\/p>\n

The UAE will be opening up the ‘unemployment insurance’ to workers of ALL nationalities in both public and private sectors, as of 2023.<\/p>\n

Under the insurance scheme, workers laid off jobs in the UAE will be granted 60% of their basic salary monthly (for a limited period) as an interim earning, whilst on the lookout for another job.<\/p>\n

Abdulrahman Al Awar, Minister of the Human Resources and Emiratisation clarified that this would promote Emiratisation – working to boost the Emirati workforce in the private sector.<\/p>\n

Those wanting to take up the policy would have to pay a minimum annual fee of AED100 for the insurance scheme<\/h2>\n
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However, investors, domestic workers, workers with temporary contracts, employees under 18 years of age and those retired with pensions who joined a new job, are EXCLUDED from the unemployment insurance plan<\/h2>\n
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Watch The Lovin Dubai Show: Dubai Has Lead The World’s Return To Normality<\/h2>\n
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