The UAE has introduced a new programme that means people who lose their job can receive a basic cash payment each month. All photos: Getty Images
The UAE has introduced a new social support programme that will mean people who lose their jobs receive a basic cash payment each month.
The mandatory scheme, scheduled to be introduced in January 2023, is for Emirati and foreign employees in the private and public sectors.
The new Federal Law was set out on Thursday by Dr Abdulrahman Al Awar, Minister of Human Resources and Emiratisation.
It says that every employee will pay into an insurance company initiative. Officials have not yet said how the contribution will be made and whether it will, for example, be paid through their employer or taken out of their pay.
In return, employees will receive 60 per cent of their basic salary each month, up to Dh20,000 a month, for a limited period to help with living costs.
In the event they are sacked, they will receive a monthly salary that makes about 60 per cent of the basic salary with a maximum amount of Dh20,000
For most, the payment will be much smaller than the maximum stated.
Employees will be offered insurance packages that will be provided by existing insurance companies in the country.
Speaking at a briefing in Dubai, Dr Al Awar told The National that payments would be as low as Dh40 to Dh100 a year for basic cover.
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