Employee Benefits Summary For Eligible Employees – UAE
The following benefits are available to TIBCO employees with a UAE hiring Company, subject to the written agreement of "standard employment terms and conditions" available from the EMEA Human Resources Department.
Health Benefits
- Medical Insurance Plan: TIBCO provides all employees with access to private medical coverage. Employee cover is 100% employer paid.
- Life and Disability Insurance: Insurance funded by TIBCO that provides insured cover to provide a lump sum of 2 x basic annual salary in the event of death and 2 x basic annual salary in the event of disability.
- Eye Sight Test Reimbursement: Annual reimbursement of sight tests in accordance with Health & Safety (Display Screen Equipment) Regulations.
- Business Travel Insurance: Access to emergency medical treatment to employees travelling at TIBCO's request. It also offers additional insurance cover associated with business travel.
Financial Benefits
- Gratuity Benefits: Gratuity benefits are paid in line with UAE legislation
- Company Bonus Plan: Discretionary performance-related cash bonus awarded annually.
- Employee Referral Program: Financial incentive for the recommendation and subsequent hiring of a new recruit.
- Salary Advance: New employees of TIBCO may request a salary advance of up to 50% of their monthly base salary during the first month of employment (to be repaid over a period of three months).
Leave Benefits
- Annual Leave: 30 calendar days per annum pro-rata.
- Public Holidays: TIBCO recognises the officially published public holidays in Dubai
- Sick Leave: Statutory sick leave entitlement.
- Maternity & Paternity Leave: Statutory pay and leave entitlement.
- Parental Leave: Statutory leave entitlement.
Other TIBCO Benefits
- Professional Subscriptions: Reimbursement of subscription charges to job-related professional affiliations.
- Education Assistance: Financial assistance towards tuition fees and associated costs upon the successful completion of a job-related course and/ or achievement of a professional qualification. (Subject to management approval).
- Core Values Award: A reward and recognition program whereby employees may be nominated for an award of $1,000 and a core values certificate.
- Patent Incentive Program: Cash bonus compensation upon the issuance of a patent.
- Passport & Visa Renewal Fees: Reimbursement of passport and / or visa renewal fees.
Additional Role-Specific Benefits (Confirmed individually in writing)
- Mobile Telephone: Company-provided cellular phone available to mobile staff.
- Company Car Allowance: Discretionary cash allowance in lieu of a company car is awarded to eligible staff.
- Employee Stock Option Plan: Certain new employees of TIBCO receive stock option grants, which vest over a four-year period.
- Housing Allowance: Certain TIBCO employees are eligible for a housing allowance to assist with the cost of local accommodation
The terms and conditions of any of these benefits may be amended or withdrawn in whole or in part from time to time. All benefits are subject to the rules of the scheme and local taxation regulations and limits presently in force, unless otherwise stated.
