A senior IT worker, who has been on sick leave since 2008, has lost his legal battle against employer IBM for not giving him a pay rise for the last 15 years.
Ian Clifford, who had taken medical retirement in 2013, had accused IBM on the grounds of disability discrimination.
He argued that the agreed 75 per cent of his earnings every month as part of IBM's health plan, which allows employees who are unable to work due to medical reasons to remain an employee with "no obligation to work", would wither over time due to inflation.
The employment tribunal judge, however, dismissed his case, claiming his payment a "very substantial benefit".
The judge noted that the health plan was designed to benefit disabled employees and that it was not disability discrimination for the plan to not be more generous. While active employees receive pay raises, inactive employees do not.
Clifford's case highlights the complex issue of accommodating employees with disabilities and the obligations of employers to provide fair and reasonable compensation. It also underscores the importance of creating a supportive work environment that ensures the needs of all employees are met, regardless of their health status.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
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Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.