The measures include a new insurance plan for workers' guarantees, state-owned WAM news agency reported. The previous mandatory deposit of 3,000 dirham ($817) per worker is now being replaced by a new insurance that costs 60 dirham annually per worker, according to the report.
The newly created plan "secures workers' rights in the private sector and reduces the burdens on employers," WAM said. It allows businesses to recover about 14 billion dirham, representing the value of current guarantees paid by employers, which will enable them to further invest in the development of their business, the news agency said.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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