To retain the UAE’s appeal as an attractive destination for top talent, companies can offer workplace savings products in place of end-of-service benefits. Photo: Getty Images
To retain the UAE’s appeal as an attractive destination for top talent, companies can offer workplace savings products in place of end-of-service benefits. Photo: Getty Images
Workplace savings schemes less risky for employees than dependence on gratuities
A majority of employers in the Middle East currently pay for end-of-service liabilities from their working capital, putting payments at risk if they become insolvent