UAE's end-of-service gratuity set for an overhaul

The UAE is looking to "enhance and improve" the end-of-service benefits awarded to employees to help companies attract and retain talent and ensure firms can adequately fund the liability, according to the government. Studies are being carried out to improve the current system, which could include a combination of an enhanced gratuity system and private sector employee savings schemes in a bid to boost employee benefits and the wider economy, Abdulrahman Al Awar, director general of the Federal Authority for Government Human Resources, said. Al Awar said the government was exploring "...