The UAE's new unemployment insurance scheme could boost talent retention in the country. Reem Mohammed / The National
The UAE's new unemployment insurance scheme could boost talent retention in the country. Reem Mohammed / The National
The UAE's new unemployment insurance scheme could boost talent retention in the country. Reem Mohammed / The National
The UAE's new unemployment insurance scheme could boost talent retention in the country. Reem Mohammed / The National


UAE unemployment insurance and a better model for post-pandemic work life


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January 03, 2023

For months, employers all over the world have braced themselves for a potential reckoning: with the pandemic having caused so many workers to detach themselves from office life, expectations have changed dramatically. Even as managers continue to coax and prod, numerous companies face a difficult road ahead if they want to return to an “old normal” while remaining attractive to prospective employees.

Barring any sudden misfortune, 2023 is widely expected to be the year the pandemic recedes, and the reckoning has come. This may be no bad thing. Too much time out of office is certainly bad for productivity, not to mention esprit de corps. But hybrid arrangements, many researchers have found, can lead to greater productivity and company pride. The proof is in the pudding, so to speak, and shareholders are unlikely to quibble with a change in working culture if they can see the greater returns for themselves.

But perhaps the greatest benefit of the new normal is the focus on talent retention. Hybrid work offers a straightforward way to maintain the flexibility that technologies and workflows have afforded employees and employers during the pandemic. It is a more attractive and, in the long-run, cheaper solution than pre-pandemic strategies like outsized bonuses or the Silicon Valley cliche of ping pong tables and bean bag chairs in common areas.

The greatest benefit of the new normal is the focus on talent retention

The post-pandemic race for talent retention extends beyond companies. In some Gulf countries, where attracting and keeping the best workers is part of national development, governments are finding that lifestyle – and a sense of security – matters at least as much as pay packets. In the UAE, labour law reforms introduced during the pandemic have set a new regional standard for employees’ rights, incorporating part-time, remote and flexible working into protections for expatriate workers. The country has also introduced new visa categories to promote freelancing and remote working for foreign companies, in further recognition of changing attitudes towards working life.

This month, the Emirates has also seen a new unemployment insurance scheme come into effect. The programme, which is compulsory for all public and private sector employees outside the country’s free zones, costs between Dh5 ($1.36) and Dh10 a month, depending on an employee’s most recent basic salary level. Upon termination, employees will receive up to 60 per cent of their basic salary amount for a period of three months.

Initiatives like greater unemployment insurance benefits have another upside in post-pandemic life. Discussions about the transformation of working life are often unfairly centred on white-collar jobs, but the pandemic showed that when global crises hit, it is often those who are required to show up in person for work whose jobs are most vulnerable. Even in the richest countries, a majority of workers must be physically present in order to carry out their work. Where flexibility is not an option, the pandemic has reinforced the message that society must offer other ways of guaranteeing workers’ sense of security.

Overall, 2023 will be a year in which policymakers, employers and workers alike will demonstrate a greater understanding of the relationship between life outside the office and life within it. While there are many economic hurdles to get through before the world can be said to have recovered from what the past three years have wrought, immediate progress has been shown through structural changes to how we perceive and honour employees’ needs.

The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
  • Torque: 760nm
  • On sale: 2026
  • Price: Not announced yet
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The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE.

Part three: an affection for classic cars lives on

Read part two: how climate change drove the race for an alternative 

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Ballon d’Or shortlists

Men

Sadio Mane (Senegal/Liverpool), Sergio Aguero (Aregentina/Manchester City), Frenkie de Jong (Netherlans/Barcelona), Hugo Lloris (France/Tottenham), Dusan Tadic (Serbia/Ajax), Kylian Mbappe (France/PSG), Trent Alexander-Arnold (England/Liverpool), Donny van de Beek (Netherlands/Ajax), Pierre-Emerick Aubameyang (Gabon/Arsenal), Marc-Andre ter Stegen (Germany/Barcelona), Cristiano Ronaldo (Portugal/Juventus), Alisson (Brazil/Liverpool), Matthijs de Ligt (Netherlands/Juventus), Karim Benzema (France/Real Madrid), Georginio Wijnaldum (Netherlands/Liverpool), Virgil van Dijk (Netherlands/Liverpool), Bernardo Silva (Portugal/Manchester City), Son Heung-min (South Korea/Tottenham), Robert Lewandowski (Poland/Bayern Munich), Roberto Firmino (Brazil/Liverpool), Lionel Messi (Argentina/Barcelona), Riyad Mahrez (Algeria/Manchester City), Kevin De Bruyne (Belgium/Manchester City), Kalidou Koulibaly (Senegal/Napoli), Antoine Griezmann (France/Barcelona), Mohamed Salah (Egypt/Liverpool), Eden Hazard (BEL/Real Madrid), Marquinhos (Brazil/Paris-SG), Raheem Sterling (Eengland/Manchester City), Joao Félix(Portugal/Atletico Madrid)

Women

Sam Kerr (Austria/Chelsea), Ellen White (England/Manchester City), Nilla Fischer (Sweden/Linkopings), Amandine Henry (France/Lyon), Lucy Bronze(England/Lyon), Alex Morgan (USA/Orlando Pride), Vivianne Miedema (Netherlands/Arsenal), Dzsenifer Marozsan (Germany/Lyon), Pernille Harder (Denmark/Wolfsburg), Sarah Bouhaddi (France/Lyon), Megan Rapinoe (USA/Reign FC), Lieke Martens (Netherlands/Barcelona), Sari van Veenendal (Netherlands/Atletico Madrid), Wendie Renard (France/Lyon), Rose Lavelle(USA/Washington Spirit), Marta (Brazil/Orlando Pride), Ada Hegerberg (Norway/Lyon), Kosovare Asllani (Sweden/CD Tacon), Sofia Jakobsson (Sweden/CD Tacon), Tobin Heath (USA/Portland Thorns)

 

 

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

Updated: January 04, 2023, 12:01 PM