In the UAE, it is the employee—not the employer—who is responsible for paying for the Involuntary Loss of Employment (ILOE) insurance, with premiums to be paid according to an agreed schedule and no later than 90 days after the due date to avoid penalties. This scheme is available to Emiratis and residents working in the federal and private sectors, and it provides up to three months of compensation if an employee loses their job for reasons other than resignation or disciplinary action. Compensation is not provided if the employee quits voluntarily or is terminated for cause. What do you think of this policy—do you find it fair and helpful in securing employees during uncertain times?
Add your Comment: