The UAE made significant changes to its labour laws on February 2, making it easier for freelancers and gig workers to take on multiple jobs simultaneously.
The Emirates is also known as a “paradise for digital nomads” after introducing a one-year residency permit for foreign remote workers in March last year, as well as new freelance visa categories. The new laws and visas will make it easier to practice a career as an independent contractor in the UAE.
The freedom and independence that comes with working as a freelancer is often the main reason why a significant number of people quit their stable, but less exciting, day-to-day jobs and pursue careers as gig workers.
However, as with any job, there are both challenges and advantages. Gig workers struggle with social and economic anxieties as they operate without the assurance and support of a traditional employer, studies show. These anxieties co-exist with the desired benefits of independence and self-sufficiency.
Our studies have shown that successful gig workers have learnt to manage their financial and existential worries and enjoy experiencing much higher ownership of their work and achievements. But this doesn’t happen without effort on their behalf.
Based on a survey of 65 gig workers, we found four critical connections that help people to excel in a gig economy.
The most successful and thriving independent workers are able to navigate the challenges of this kind of work by developing four different connections: to places, routines, purpose and people.
Places
Successful gig workers create a space exclusively dedicated to their work. It is no surprise that it can be difficult to stay focused in a home environment, but a space specifically designated for work played an essential role in both helping gig workers focus and also inspiring their efforts when work was tough.
A home office — as opposed to a corporate office — can be unique and reflect a person’s personality and needs. Successful gig workers set up their offices to both enable work and remain motivated.
Routines
Many freelancers would argue that one of the primary reasons they left their corporate jobs is because every day in an office can lead to undesired routines and tedious bureaucracy. Gig work, instead, allows them to have a more diverse schedule and create their own practices.
However, research has shown that athletes, scientists, artists and even everyday workers use routines to enhance focus and performance. The professionals we spoke with tend to rely on them in the same way.
Routines, especially for gig workers, are a powerful tool to manage tasks, improve workflow and maintain motivation. They are a conscious tool to enhance people’s sense of order and control in uncertain situations.
Purpose
For most people who participated in our research, being self-employed initially meant doing a job that would allow them to enter the market. However, the most successful talked about their jobs in connection to a deeper purpose.
Through their words, we see that such a purpose both binds and frees gig workers by orienting and elevating their work.
The people we interviewed talked about empowering women through films, exposing harmful marketing practices, keeping folk music traditions alive and helping corporate leaders grow in good faith.
Successful gig workers found a way to establish and maintain connections with people who both help them to stay focused and elevate their work
Sue Ashford,
professor of management and organisations at University of Michigan Ross School of Business
In other words, they saw their job as more than just a means of earning a living. The purpose helped them to see a bridge between their interests and motivations and the world’s needs.
People
Researchers have given warnings about a “loneliness epidemic” and independent workers are naturally at a higher risk.
Successful gig workers found a way to establish and maintain connections with people who both help them to stay focused and elevate their work.
Gig workers from our study said that when they reach out to friends, it helps with anxiety and works as a support system.
Circumstantially, there are family members, friends or contacts in similar fields who can’t always offer specific work advice but, nevertheless, help gig workers push through challenging times and encourage them to take the risks their work entails.
How to thrive as an independent worker
Professionals must think carefully about whether, when and how to go independent.
One survey respondent said: “Independent consulting requires not only the right level of experience to become a credible and trusted adviser, but also the right mindset to deal with the challenges of uncertainty, lack of financial security and the ups and downs of the workload.”
A traditional workspace wouldn’t fully satisfy many of the gig workers we surveyed as it wouldn’t give them the same freedom and mental space as when they work as freelancers.
Most respondents agreed that going back to a corporate and traditional workplace was not an option after they became independent workers.
Being a gig worker is not an automatic recipe for success. However, when done right, it’s a guarantee for a fulfilling and vital work life.
Sue Ashford is a professor of management and organisations at the University of Michigan's Ross School of Business
Bangladesh tour of Pakistan
January 24 – First T20, Lahore
January 25 – Second T20, Lahore
January 27 – Third T20, Lahore
February 7-11 – First Test, Rawalpindi
April 3 – One-off ODI, Karachi
April 5-9 – Second Test, Karachi
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How the UAE gratuity payment is calculated now
Employees leaving an organisation are entitled to an end-of-service gratuity after completing at least one year of service.
The tenure is calculated on the number of days worked and does not include lengthy leave periods, such as a sabbatical. If you have worked for a company between one and five years, you are paid 21 days of pay based on your final basic salary. After five years, however, you are entitled to 30 days of pay. The total lump sum you receive is based on the duration of your employment.
1. For those who have worked between one and five years, on a basic salary of Dh10,000 (calculation based on 30 days):
a. Dh10,000 ÷ 30 = Dh333.33. Your daily wage is Dh333.33
b. Dh333.33 x 21 = Dh7,000. So 21 days salary equates to Dh7,000 in gratuity entitlement for each year of service. Multiply this figure for every year of service up to five years.
2. For those who have worked more than five years
c. 333.33 x 30 = Dh10,000. So 30 days’ salary is Dh10,000 in gratuity entitlement for each year of service.
Note: The maximum figure cannot exceed two years total salary figure.
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Buy farm-fresh food
The UAE is stepping up its game when it comes to platforms for local farms to show off and sell their produce.
In Dubai, visit Emirati Farmers Souq at The Pointe every Saturday from 8am to 2pm, which has produce from Al Ammar Farm, Omar Al Katri Farm, Hikarivege Vegetables, Rashed Farms and Al Khaleej Honey Trading, among others.
In Sharjah, the Aljada residential community will launch a new outdoor farmers’ market every Friday starting this weekend. Manbat will be held from 3pm to 8pm, and will host 30 farmers, local home-grown entrepreneurs and food stalls from the teams behind Badia Farms; Emirates Hydroponics Farms; Modern Organic Farm; Revolution Real; Astraea Farms; and Al Khaleej Food.
In Abu Dhabi, order farm produce from Food Crowd, an online grocery platform that supplies fresh and organic ingredients directly from farms such as Emirates Bio Farm, TFC, Armela Farms and mother company Al Dahra.
States of Passion by Nihad Sirees,
Pushkin Press
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GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Top investing tips for UAE residents in 2021
Build an emergency fund: Make sure you have enough cash to cover six months of expenses as a buffer against unexpected problems before you begin investing, advises Steve Cronin, the founder of DeadSimpleSaving.com.
Think long-term: When you invest, you need to have a long-term mindset, so don’t worry about momentary ups and downs in the stock market.
Invest worldwide: Diversify your investments globally, ideally by way of a global stock index fund.
Is your money tied up: Avoid anything where you cannot get your money back in full within a month at any time without any penalty.
Skip past the promises: “If an investment product is offering more than 10 per cent return per year, it is either extremely risky or a scam,” Mr Cronin says.
Choose plans with low fees: Make sure that any funds you buy do not charge more than 1 per cent in fees, Mr Cronin says. “If you invest by yourself, you can easily stay below this figure.” Managed funds and commissionable investments often come with higher fees.
Be sceptical about recommendations: If someone suggests an investment to you, ask if they stand to gain, advises Mr Cronin. “If they are receiving commission, they are unlikely to recommend an investment that’s best for you.”
Get financially independent: Mr Cronin advises UAE residents to pursue financial independence. Start with a Google search and improve your knowledge via expat investing websites or Facebook groups such as SimplyFI.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
COMPANY%20PROFILE
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What vitamins do we know are beneficial for living in the UAE
Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.
Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.
Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.
Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Bugatti Chiron Super Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,600hp
Torque: 1,600Nm
0-100kph in 2.4seconds
0-200kph in 5.8 seconds
0-300kph in 12.1 seconds
Top speed: 440kph
Price: Dh13,200,000
Bugatti Chiron Pur Sport - the specs:
Engine: 8.0-litre quad-turbo W16
Transmission: 7-speed DSG auto
Power: 1,500hp
Torque: 1,600Nm
0-100kph in 2.3 seconds
0-200kph in 5.5 seconds
0-300kph in 11.8 seconds
Top speed: 350kph
Price: Dh13,600,000
Fight Night
FIGHT NIGHT
Four title fights:
Amir Khan v Billy Dib - WBC International title
Hughie Fury v Samuel Peter - Heavyweight co-main event
Dave Penalosa v Lerato Dlamini - WBC Silver title
Prince Patel v Michell Banquiz - IBO World title
Six undercard bouts:
Michael Hennessy Jr v Abdul Julaidan Fatah
Amandeep Singh v Shakhobidin Zoirov
Zuhayr Al Qahtani v Farhad Hazratzada
Lolito Sonsona v Isack Junior
Rodrigo Caraballo v Sajid Abid
Ali Kiydin v Hemi Ahio
Killing of Qassem Suleimani
Profile of MoneyFellows
Founder: Ahmed Wadi
Launched: 2016
Employees: 76
Financing stage: Series A ($4 million)
Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
MOTHER%20OF%20STRANGERS
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The five pillars of Islam
Dubai World Cup prize money
Group 1 (Purebred Arabian) 2000m Dubai Kahayla Classic - $750,000
Group 2 1,600m(Dirt) Godolphin Mile - $750,000
Group 2 3,200m (Turf) Dubai Gold Cup – $750,000
Group 1 1,200m (Turf) Al Quoz Sprint – $1,000,000
Group 2 1,900m(Dirt) UAE Derby – $750,000
Group 1 1,200m (Dirt) Dubai Golden Shaheen – $1,500,000
Group 1 1,800m (Turf) Dubai Turf – $4,000,000
Group 1 2,410m (Turf) Dubai Sheema Classic – $5,000,000
Group 1 2,000m (Dirt) Dubai World Cup– $12,000,000
UAE v IRELAND
All matches start at 10am, and will be played in Abu Dhabi
1st ODI, Friday, January 8
2nd ODI, Sunday, January 10
3rd ODI, Tuesday, January 12
4th ODI, Thursday, January 14
Know before you go
- Jebel Akhdar is a two-hour drive from Muscat airport or a six-hour drive from Dubai. It’s impossible to visit by car unless you have a 4x4. Phone ahead to the hotel to arrange a transfer.
- If you’re driving, make sure your insurance covers Oman.
- By air: Budget airlines Air Arabia, Flydubai and SalamAir offer direct routes to Muscat from the UAE.
- Tourists from the Emirates (UAE nationals not included) must apply for an Omani visa online before arrival at evisa.rop.gov.om. The process typically takes several days.
- Flash floods are probable due to the terrain and a lack of drainage. Always check the weather before venturing into any canyons or other remote areas and identify a plan of escape that includes high ground, shelter and parking where your car won’t be overtaken by sudden downpours.