UAE Unemployment Insurance Mandatory for All Workers: Enroll Now to Avoid Penalties

Enhancing Security with Unemployment Insurance

According to Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, more than 2 million individuals, including 40,000 Emiratis, have already enrolled in the UAE's mandatory unemployment insurance scheme. This scheme serves as a reliable safety net for workers facing job loss. To avoid penalties, eligible workers must enroll by the upcoming deadline of June 30.

Other Significant Labour Market Policies

Alongside the unemployment insurance scheme, the UAE has implemented two other key initiatives to promote stability and flexibility in the labor market. The worker protection insurance system offers coverage for contingencies like company insolvency, payment issues, and repatriation expenses. The wage protection system ensures that employees receive their salaries in a timely and secure manner.

Emiratisation on the Rise

The first quarter of 2023 witnessed an encouraging 11% increase in the employment of Emiratis within the private sector, reaching a total of over 66,000 individuals. This positive trend highlights the success of Emiratisation efforts. Moreover, there has been a 13% rise in the number of companies hiring UAE nationals.

Here is the process on how to enroll:

Stay informed about the latest developments in the UAE labor market and its commitment to Emiratisation, as companies are required to hire a minimum of 2% Emiratis in skilled roles, with plans to increase this quota to 4% by the end of the year. Enroll in the unemployment insurance scheme now to secure your future and avoid penalties.