Tuesday 17 March 2020

NMC Health reassures staff on salary payments | Markets – Gulf News

NMC Health reassures staff on salary payments | Markets – Gulf News:

UAE’s largest hospital operator, NMC Health, is close to securing a deal with its creditor banks for the release of the company’s funds and ensure there is no repeat of the delayed salary payments of last month, according to banking sources who spoke to ‘Gulf News’. 


February salaries were paid in three stages to the 16,500-strong workforce, with the last set getting theirs by March 10 or so. Even then, it required help from Daman, the Abu Dhabi headquartered medical insurer to help out with the funds needed to pay off the salaries. It was said to be the first time in the company’s history that salaries had been delayed. It was felt that a repeat would severely undermine staff morale and hurt future prospects.

NMC Health operates more than 120 hospitals and clinics in the UAE, together accounting for more than 2,000 hospital beds.

Now, NMC Health’s interim CEO, Michael Davis issued a statement on Tuesday to reassure staff that the February issue was a one-off. In a statement to staff, released today, he expressed full “confidence” in salvaging the situation and thanked them for “their commitment to the community”.

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