The UAE has announced a grace period for workers to enrol in the country’s new mandatory unemployment insurance scheme.
The UAE announced the launch of a new insurance plan for unemployed government and private sector employees last year. Employees will receive 60% of their basic salary for up to three months after starting work. The scheme has a monthly cap of AED 20,000. The scheme went into effect on January 1, 2023, and is mandatory for all UAE employees. However, authorities have now revealed a sign-up grace period.
