The UAE introduces unemployment pay under a new scheme for Emiratis and foreign employees, both in private and public sector. The scheme is expected to be implemented from January 2023, while the details of which are yet to be announced.
As per the details received thus far, each employee shall contribute towards an insurance company initiative and shall receive 60 per cent of their basic salary up to a maximum of AED 20,000 per month for a limited period of time in the event of job loss in order to help with the living costs.
To know more about the scheme and your rights as an employee, get in touch with the best consultants.
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