retirees who receive a pension and have joined a new employer.<\/span><\/li>\n<\/ul>\nHow much it will cost<\/b><\/h4>\n
![\"unemployment](\"https:\/\/connectresources.ae\/wp-content\/uploads\/2023\/01\/PRESS-RELEASE-3.png\")
<\/p>\n
CATEGORY A:\u00a0<\/b><\/p>\n
If you are earning a basic salary of AED 16,000 or less, you will be required to pay a monthly insurance premium of AED 5, which annually is AED 60.<\/p>\n
CATEGORY B:<\/b><\/p>\n
If your salary is above AED 16,000 you will be required to pay a monthly insurance premium of AED 10, which annually is AED 120.<\/p>\n
The insurance premium can be paid on a monthly, quarterly, semi-annually or annual basis, depending on your preference.<\/span><\/p>\nCompensation Benefits\u00a0<\/b><\/h4>\n
The monthly compensation is calculated as <\/span>60% of the average basic salary<\/b> earned over the six months preceding the involuntary loss of employment.<\/span><\/p>\nMaximum Claim Benefit\u00a0<\/b><\/p>\n
CATEGORY A: 10 000 AED per month<\/span><\/p>\nCATEGORY B: 20 000 AED per month<\/span><\/p>\nThe maximum compensation for a single claim is<\/span> 3 consecutive months<\/b>. The maximum benefits period is 12 months during the entire work life in the UAE, regardless of the number of claims submitted.<\/span><\/p>\nRemember: <\/b>To be eligible for the compensation, you must have paid the monthly premium for at least 12 consecutive months.<\/span><\/p>\nWhere can you subscribe\u00a0<\/b><\/h4>\n
Direct channel (no additional costs)<\/strong><\/p>\n![\"unemployment](\"https:\/\/connectresources.ae\/wp-content\/uploads\/2023\/01\/UNEMPLOYMENT-INSURANCE-SCHEME-3.png\")
<\/p>\n
Other channels (additional service charges)<\/strong><\/p>\n![\"Unemployment](\"https:\/\/connectresources.ae\/wp-content\/uploads\/2023\/01\/PRESS-RELEASE-2-1.png\")
<\/p>\n
Last but not least – the fines!<\/b><\/h3>\n
Failing to enroll in the Unemployment Insurance Scheme will result in a penalty of AED 400. If contributions are not paid for more than three months after failing to register, an additional fine of Dh200 will be imposed.<\/span><\/p>\nRemember:<\/b> You must subscribe to the unemployment insurance policy before June 30th, 2023!<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"
What is the \u2018Unemployment Insurance scheme\u2019 and How it works? The Unemployment Insurance scheme is a program that provides financial assistance to Emiratis and residents who lose their jobs due to termination by their employers.\u00a0 The worker will receive financial support in exchange for paying a monthly insurance premium while they were employed. When it…<\/p>\n","protected":false},"author":115424,"featured_media":20784,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2002],"tags":[],"table_tags":[],"class_list":["post-20920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-employer-of-record"],"acf":[],"_links":{"self":[{"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/posts\/20920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/users\/115424"}],"replies":[{"embeddable":true,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/comments?post=20920"}],"version-history":[{"count":8,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/posts\/20920\/revisions"}],"predecessor-version":[{"id":27515,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/posts\/20920\/revisions\/27515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/media\/20784"}],"wp:attachment":[{"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/media?parent=20920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/categories?post=20920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/tags?post=20920"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/connectresources.ae\/wp-json\/wp\/v2\/table_tags?post=20920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
![\"\"](\"https:\/\/connectresources.ae\/wp-content\/uploads\/2023\/04\/Colorful-Blobs-Modern-Artisan-Marketing-Retail-X-Frame-Banner-2.png\")
<\/a><\/p>\n