Key changes in legislation could mean that your business is exposed to perilous compliance risk. Failure to fully implement a solution will cost not only peace of mind, but valuable resources.
UAE companies are required to set aside (segregate) enough resources to cover all end of service gratuity payments and fully implement IFRS.
Download your FREE e-guide and case study to find out:
GWM's flexible employee gratuity plan
How a gratuity account work
What costs are involved
How you could pay 5x less by planning ahead
How to insulate your cash account and working capital
How to cover all gratuity costs into perptuity
The timing of employee departures and terminations can be unpredictable, yet the future value of End of Service Benefits is fully predictable since all of the variables are known.
Reducing future cash outflows to present value and creating a gratuity fund allows a company to potentially cover all gratuity expenses into perpetuity; thus, removing an unfunded liability from the balance sheet permanently.
GWM have developed a flexible employee gratuity plan which
not only makes your business compliant with the law, but also insulates your
cash account and working capital against unforeseen gratuity outflows.
Download the brochure find out about our Employee Gratuity solution.
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Download the brochure to find out about our Employee Gratuity solution.