UAE, Philippines explore ways to boost work-related collaboration

UAE, Philippines explore ways to boost work-related collaboration

The discussion included an overview of the integrated legislative system underpinning the UAE labour market, emphasising its role in ensuring an equitable relationship between employers and workers, while providing social protection for the latter through innovative systems, such as the Unemployment Insurance Scheme (UIS), which was launched in January 2023 and has since registered more than 6.7 million participants.

Filipino workers had one of the highest rates of registration with the UAE’s Unemployment Insurance Scheme among all nationalities — reflecting their advanced awareness and confidence in the social protection system enabled by the UAE’s legislative environment.

Voluntary end-of-service scheme

The meeting also covered the voluntary alternative end-of-service savings scheme, known as the “Savings Scheme”.

The scene came into effect in early November 2023 and allows participants to benefit from investment returns on their savings.

Also discussed was a range of other programmes, like the Workers’ Protection Programme, which is designed to ensure the stability and wellbeing of workers, and improve their quality of life.

Joint Committee Meeting

During the meeting, the officials also agreed to hold a Joint Committee Meeting soon to explore further areas of cooperation, opportunities for development, the challenges both sides are facing, and ways to improve.