In the UAE, the Ministry of Human Resources and Emiratisation introduced the Alternative End-of-Service Benefits (ESOB) Scheme in 2023, allowing employees to enhance their end-of-service benefits through a voluntary savings system. This scheme provides flexible investment options, offering better financial planning and higher gratuity payouts. Employers benefit from increased job loyalty and reduced administrative costs. Enrolled employees can monitor their investments online and continue investing after leaving their jobs. Employers must contribute a percentage of the employee’s salary based on tenure and register employees with accredited investment funds to participate in this scheme.