Dubai savings scheme for expats to be rolled out from July 1
Thought leadershipReadJune 21, 2022
In March this year, Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, approved the launch of the ‘Savings Scheme for Employees in the Government of Dubai’ with the aim of attracting and retaining talent by providing an integrated system that offers various savings opportunities for employees to secure their present and future. Together with the DIFC, we've kicked off the roll-out of the plan, conducting a series of awareness sessions for senior executives, HR managers and employees from Dubai government entities to discuss the purpose, structure and implementation of the savings scheme, which will come into effect on July 1.
The scheme, conceptualised after the DIFC Employee Workplace Savings (DEWS) plan, targets expats in Dubai government entities in its first stage, with the scope of expanding its implementation in later stages.
Just as is the case with DEWS, we’ll manage and administer the scheme, supporting both employers and employees, through Zurich Workplace Solutions. Link to article: https://gulfnews.com/business/difc-holds-talks-on-rolling-out-dubai-savings-scheme-from-july-1-1.88554076