UAE’s New End-of-Service Savings Scheme: A Smart Way For Employees to Grow their Gratuity.
Ministry of Human Resources & Emiratisation (MOHRE) is now encouraging private companies to get enrolled with the New Savings Scheme, a modern substitute to the traditional gratuity system.The new savings scheme is a shift to investment-based end-of-service benefits, where your gratuity will be invested in any reputable funds, and at the end of your service,…