The Minister of Human Resources and Emiratisation in the UAE, Abdul Rahman Al Awar, said yesterday, Thursday, that employees of all nationalities in the public and private sectors will enjoy Unemployment insurance From next year.
Employees who lose their jobs will receive cash support for a period of time until the employee finds another job.
He said that unemployment insurance fees may range between 40 and 100 dirhams per year, and that the plan will include paying 60% of the worker’s basic salary for a certain period in the event of job loss, although he did not specify the duration of these payments.
The minister clarified that investors, home workers, temporary contract workers, people under the age of 18, retirees who have received a pension and who have joined a new job, will not be part of the unemployment insurance system.
And the UAE Cabinet announced last Monday that a form of unemployment insurance will be implemented, in the latest reform as the UAE seeks to attract talent and investments.
Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE and Ruler of Dubai, said on Twitter, citing a cabinet decision, that insured workers will receive sums of money for a limited period of time if they become unemployed.