Business with Bogoljub Karic: The UAE’s Employment and Employee Benefits

For Bogoljub Karic, having a business in the UAE comes with certain perks. If you want to expand your business in the gulf, you’ll need to know these benefits that your employees will expect to be provided to them according to law. The practical issues of employment and benefits must be handled to ensure that the move and the hiring of the personnel to staff your offices will go as smoothly as possible.

All employees are subject to the Labor Law 

All employees working in the UAE’s free zones, and that includes foreign nationals, are subject to the Labor Law and its regulations, says Bogoljub Karic. The UAE implements this law to protect the interests of employees, mainly the UAE nationals. One of the grants and incentives for UAE nationals include lower transaction fees for employment permits.

Employees receive minimum paid holidays

Under the Labor Law, employees are entitled to two calendar days of paid leave per month for each year of service. There are also 30 calendar days paid leave annually given to employees with over a year of service. If they have carried out approximately 90 days of service, they are entitled to 20 days of paid vacation.

They receive a mandatory minimum wage

Expatriates don’t have a mandatory minimum wage, but Bogoljub Karic says UAE nationals do. The employee’s educational attainment determines the minimum wage. Employees without a high school certificate receive a minimum of 3,000 AED a month, while employees that have a high school certificate get 4,000 AED. For employees with a college degree or higher, they are entitled to at least 5,00 AED.

According to Bogoljub Karic, the UAE has several great benefits and incentives for employees, both foreign and for UAE nationals. You need to check with the local government about regulations about both to make sure you’re providing your employees the right benefits by law.

Adapting in the World of International Business

I, Bogoljub Karic, believe that when you enter the scene of international business, everything may seem to be possible. This includes being too much or being lacking when it comes to exhibiting some essential skills or characteristics. For many international business owners, success means adjusting to unfamiliar environment and situations. However, “overadjusting” has been proven before to cause damage to the cross-cultural success of many businesses and organizations.

As a part of the world of international business, you travel to different places to reach out to more of your target audience. One day may come when you will realize, or other people will make you realize that you are trying too hard to adopt the culture of other places. You are overdoing it and it may look inappropriate to others, especially your foreign clients. This may lead to negative consequences such as proposal rejections. One key insight I, Bogoljub Karic, learned when I was working around the world, is that you have to recognize that if you are not prepared to listen to others, you will surely miss out and you would not understand the details of another culture. Also, make sure that you acknowledge that no matter how much cultural intelligence you develop, you should always have room for more learning. No matter how much of an expert you think you are, there will always be times when you will make mistakes, because you are not perfect – no one is.

Instead of adopting another culture, I, Bogoljub Karic, want you to adapt. When you finally learn to adapt to the culture of other countries you visit for your work, you will look more professional and less of a try-hard foreign “wannabe”. Make sure that no matter where you go and who you are with, do your best to listen, learn, and improve.