New End-of-Service Savings Scheme for Employees in the UAE
New End-of-Service Savings Scheme for Employees UAE has emerged in UAE as a statutory scheme for the private sector employers and employees. The End-of-Service Savings Scheme for Employees UAE program started in November 2023 as an optional replacement to the ESG (end-of-service gratuity) and is intended to offer more framework for legislation, flexibility, and financial security for end-of-service benefits. Also Read: Important Labour Law for Employee in UAE What is the New End-of-Service Savings Scheme? The End-of-Service Savings Scheme for …