Labour Bank Guarantees Services Employers will have to deposit a bank guarantee for every new employee they hire. The guarantee will be used to settle disputes involving the non-payment of wages if a company collapses or an expatriate partner flees, leaving behind financial commitments to its worke...
According toArticle 12 of the Federal Law No. 8 of 1980, the employers must inform the Labour Department after hiring an unemployed national employee in writing withinfifteen days from the date of employment. The notice must contain the employee’s name and age, employment date, remuneration, w...
Transparency and clarity: Employment contracts are standardised, and termination clauses are clearly defined. A standard employment offer signed in the home country is filed with the Ministry of Labour to ensure fair treatment. Upon arrival, this becomes a legal contract, prohibiting unilateral changes...
HSBC’s presence in what is now the UAE dates back to 1946 when The Imperial Bank of Iran, a forerunner of HSBC Bank Middle East, opened its doors to the merchants and citizens of the Emirates. Boasting a high percentage of expats from over 200 countries, the UAE is rich in culture, ...
A copy of your Emirates Airline ticket, or codeshare flight that starts with the code “EK”, and the ticket number should start with “176”. Visa fees are non‑refundable. The ticket is non‑refundable if the visa has been issued and utilized. ...
UAE Labour Law – FAQ’s With an expat community making up over 80% of the total population of the UAE, Federal Law No.8 of 1980 otherwise known as the UAE Labour Law, is one piece of legislation that every employee in the private sector should familiarise themselves with. To assist,...
If you remember me talking about “Owner’s Equivalent Rent” and how it falsely stated that there was no inflation while home prices shot the moon you can see the inverse of that right now in the OER number which is up 6.9% on the year. That which held down inflation figures for ...
Article 45 of the Labour Law provides a distinctive avenue for employees to resign without notice under specific circumstances. Firstly, if the employer fails to fulfill the conditions explicitly outlined in the employment contract Secondly, in a scenario where the employer resorts to assaulting the ...
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Part-Time Contracts: Under this contract, the employee is expected to work limited hours of the total working hours or days. The salary received by the employee is calculated proportionately to the number of working hours or days, plus the benefits and allowances. It is important to keep in...