LuLu to grant Dh32 million bonus to workers
Dubai: Another private company based in the UAE is giving away a bonus to its staff and this time more than 40,000 employees across the country and other markets will benefit.
Retail tycoon Yussuff Ali MA, chariman and managing director of LuLu confirmed on Sunday that his company will be distributing special bonus to all its staff as part of the "Year of Zayed"initiative.
The company is allocating Dh32 million to reward employees in the Gulf Cooperation Council (GCC) region, Egypt, Malaysia and Vietnam, among others.
The bonus will benefit 41,893 LuLu employees during the holy month of Ramadan and will be disbursed in the coming weeks.
“Shaikh Zayed is widely regarded as the icon of benevolence and humanitarian, whose legacy of peace, communal harmony and social upliftment is still very much appreciated around the world. There can’t be better time than Ramadan to spread Shaikh Zayed’s message in the ‘Year of Zayed.’ This is our humble effort in that direction,” Yussufali said.
A spokesperson for the company told Gulf News that the payout will be a fixed amount and will be distributed to every single staff member not just in the UAE but to other markets, where LuLu does business, as well.
“This is not the usual one-month salary bonus. This is going to be a fixed amount to all staff irrespective of their seniority, tenure of service, nationality,” the spokesperson said.