Tuesday, February 18, 2020

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.

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