Gratuity management in the UAE
It’s a common practice for businesses in the UAE dip into their working capital to fund End of Service Benefit obligations. But with tenures lasting longer, it’s also a growing liability.
Whether you have a small or large business, we can help you to implement a structured scheme to fund gratuities and protect your business from future liability and unforeseen shocks to the balance sheet.
As well as the obvious advantages of compounding, the schemes we offer allow for additional individual contributions, very much like you see with British company pension schemes. For your employees, this can be seen as a major perk, helping them to build a more secure future for their retirement.