#408: Your Employer is Gambling with Your Gratuity | Safa Bouzidi, Managing Director of Daman Investments — Made in Dubai with Spencer Lodge

Most people in the UAE have spent years building a career and assuming their gratuity is sitting somewhere safe, waiting for them when they leave. Safa Bouzidi is one of the few people who will actually tell you what is happening to it.

If you work in this country and you have never asked your company where your end-of-service money is, this is the conversation that will make you start.

Timestamps

0:00 Introduction

1:11 Why gratuity was never designed to be your pension

3:31 The DIFC DEWS scheme and what changed

7:21 How your company has been using your gratuity as cash flow

9:20 The mistake most people make when they change jobs

17:31 Why companies are pushing back against the new scheme

21:51 The five approved providers and who is holding your money

28:23 The truth: your gratuity might not actually exist

31:58 Is Dubai actually built for you to retire in?

40:42 The freelancer and SME gap nobody is filling

44:19 Where financial habits really come from