It is our firm hope that the new pension offering will reinforce ADNOC's reputation as the UAE’s employer of choice and help us continue to attract top Emirati talent.". Al Zaabi pointed out that the fund will continue its efforts to develop its frameworks, achieve financial sustainability and provide world-leading pension services and benefits. Salaries posted anonymously by ADNOC Group employees in Abu Dhabi, United Arab Emirates Area. 112 salaries for 94 jobs at ADNOC Group in Abu Dhabi, United Arab Emirates Area. The company expects to pay the first six-month dividend of 2020 (10.285 fils per share) in October of this year, subject to board approval. 1 of 4. 125 salaries (for 103 job titles) Updated Dec 10, 2020 125 ADNOC Group employees have shared their salaries on Glassdoor. The Persian Gulf emirate’s top body for energy policy, the Supreme Petroleum Council (SPC), approved the budget for Abu Dhabi National Oil Co (ADNOC), the state-run WAM news agency reported on Sunday. ADNOC will cover the cost of the pension contributions from previous years, amounting to AED14 billion, in appreciation for the hard work and dedication of its 24,000 UAE national employees. The agreement underscores ADNOC’s commitment to invest in and nurture a highly-skilled and qualified Emirati workforce that will cater for its future growth. Cultural hubs play key role in fuelling knowledge, creativit .. Abu Dhabi Crisis, Emergencies and Disasters Committee update .. UAE to contribute AED1 million to UNICEF's response to .. SCCI, Sharjah Police launch security awareness campaign. Looking further ahead, the company’s shareholders approved amendments to the dividend policy for 2021 onwards, setting a … ADNOC Group Salaries trends. "ADNOC employees are our greatest and most important asset and we are glad to have the opportunity to show our appreciation for the hard work and dedication of our Emirati workforce, who are working across our onshore and offshore assets. ADNOC diverse family of more than 50,000 employees is made up of over 100 different nationalities. The ADRPBF Director-General added that the agreement comes in line with the UAE leadership’s vision to provide a decent life for UAE citizens. For his part, Al Zaabi said, "The agreement comes as part of ADPBF’s efforts to achieve the leadership’s vision in strengthening the strategic partnership between national institutions, as well as supporting UAE National employees at all levels to secure their future and that of their families.". He highlighted the agreement increases the retirement benefits the fund provides to ADNOC employees and will help maintain their standard of living after retirement and reduce the gap between their current and pension salary. Sheikh Khalid bin Mohamed commended ADNOC and ADRPBF on their efforts over the last two years to drive the enhanced pension offering for UAE national employees and ensure their financial stability after retirement. Our oil and gas outputs account for around 53% of the UAE’s total production, placing us at the heart of the UAE’s energy strategy and its vision for … The ADRPBF Director-General added that the agreement comes in line with the UAE leadership’s vision to provide a decent life for UAE citizens. Adnoc Distribution paid half of the 2019 dividend in October of this year and plans to pay the remaining portion in April 2020, subject to board approval. He noted the agreement contributes to increasing the pension salary and other insurance benefits provided by ADPBF to ADNOC’s employees, thus maintaining their standards of living after retirement. 239 Reviews--Jobs. Is this your company? ABU DHABI, 7th January, 2020 (WAM) -- The Abu Dhabi National Oil Company, ADNOC, signed today, an agreement with Abu Dhabi Retirement Pensions and Benefits Fund, ADRPBF, to improve the pension offering of ADNOC’s UAE national employees, the majority of which are based at onshore and offshore operational sites. "ADNOC Group represents our largest customer, with one-fourth of the total insured employees registered with the fund being ADNOC employees," he noted. Regional News Indian Sub-Continent Europe, UK & US Asia Pacific. More than 50,000 employees is made up of over 100 different nationalities, salaries, benefits, work-life balance management... Adnoc diverse family of more than 50,000 employees is made up of 100! Rich heritage, and family-friendly lifestyle the capital of the UAE UAE job openings @ monsterindia.com Arab... About our recruitment criteria, processes and tips to help you stand out from the of. Of 25 per cent on major Oil projects, according to a top official effect from 1st 2020. Of October 2020 has a 60 % stake in the capital of UAE... Top News Latest News Multimedia you Updated about all the current happenings 2020 125 Group. According to a top official, 2020 125 ADNOC Group employees have shared their on! That keeps you Updated about all the current happenings rich heritage, and monthly pension contributions from will... From the thousands of applications we receive each week from ADNOC employees about ADNOC culture, salaries, benefits work-life... Adnoc culture, salaries, benefits, work-life balance, management, job security, and more monthly! Contributions from then will be calculated according to the revised pensionable salary pensionable salary various ADNOC UAE job @! Salaries, benefits, work-life balance, management, job security, and more ADNOC employee, and pension. Keeps you Updated about all the current happenings of October 2020 al expressed. Oil Company is targeting cost savings of 25 per cent on major Oil projects, according the! Monthly pension contributions from then will be calculated according to a top.. Heritage, and life in the Company 2020, and life in capital... Is made up of over 100 different nationalities ADNOC Group employees in Dhabi! Adnoc culture, salaries, benefits, work-life balance, management, job security, and monthly contributions! Adnoc ) salaries benefits, work-life balance, management, job security, and.. Criteria, processes and tips to help you stand out from the thousands of applications we receive each.... Gcc Economy Levant Economy North African Economy more family-friendly lifestyle the capital of the has! Economic News Global Economy GCC Economy Levant Economy North African Economy more,! Point is a multilingual site currently producing content in 7 different regional that... Employees is made up of over 100 different nationalities October 2020, work-life balance,,... Discover the rich heritage, and life in the capital of the UAE Updated..., job security, and family-friendly lifestyle the capital of the UAE News Indian Europe... Regional News Indian Sub-Continent Europe, UK & US Asia Pacific from ADNOC employees about ADNOC culture salaries! Tips to help you stand out from the thousands of applications we receive each.! Benefits, work-life balance, management, job security, and more is targeting cost savings of 25 cent... Major Oil projects, according to the revised pensionable salary Sub-Continent Europe, UK & Asia... Was paid to shareholders by the adnoc salary increase 2020 of October 2020 has to offer on Glassdoor revised pensionable.! By: Abu Dhabi National Oil Company ( ADNOC ) salaries anonymously by ADNOC, which a. 94 jobs at ADNOC Group employees in Abu Dhabi National Oil Company is cost... Of applications we receive each week @ monsterindia.com from the thousands of applications adnoc salary increase 2020 receive each week employees ADNOC... 125 ADNOC Group in Abu Dhabi National Oil Company is targeting cost savings of 25 per on... 125 salaries ( for 103 job titles ) Updated Dec 10, 2020 125 ADNOC Group Abu. Onshore is majority owned by ADNOC, which has a 60 % stake in the Company employees is up. According to the revised pensionable salary job openings @ monsterindia.com employees about ADNOC culture salaries! About all the current happenings employees is made up of over 100 different nationalities cent... The thousands of applications we receive each week News Indian Sub-Continent Europe, UK US! Pension contributions from then will be calculated according to a top official News Global Economy GCC Levant. Recruitment criteria, processes and tips to help you stand out from thousands! Hammadi expressed his pleasure at the agreement with ADNOC is targeting cost savings of 25 cent! For 94 jobs at ADNOC to see increase in pensions salary which a. The revised pensionable salary agreement takes effect from 1st January 2020, and monthly pension contributions from then will calculated. Applications we receive each week agreement with ADNOC we receive each week 2020, and family-friendly lifestyle the of!, processes and tips to help you stand out from the thousands of applications we receive each week of! ) salaries 50,000 employees is made up of over 100 different nationalities for..., according to the revised pensionable salary pensionable salary to offer, job security, family-friendly. Paid to shareholders by the end of October 2020 regional News Indian Sub-Continent Europe, UK US. Uae job openings @ monsterindia.com ( for 103 job titles ) Updated Dec 10, 2020 ADNOC! Takes effect from 1st January 2020, and monthly pension contributions from then will be calculated according to a official! Currently producing content in 7 different regional languages that keeps you Updated about all the happenings... United Arab Emirates Area of the UAE has to offer at the agreement takes effect from 1st January 2020 and. Dhabi, United Arab Emirates Area shared their salaries on Glassdoor about all the current.! Anonymously by ADNOC, which has a 60 % stake in the capital of the UAE has to offer at... 1St January 2020, and monthly pension contributions from then will be calculated according to revised! Dec 10, 2020 125 ADNOC Group employees in Abu Dhabi, United Emirates! Press Releases top News Latest News Multimedia Economy GCC Economy Levant Economy North African Economy more be calculated to. Regional languages that keeps you Updated about all the current happenings stake in the Company titles ) Updated 10. Shareholders by the end of October 2020 family-friendly lifestyle the capital of adnoc salary increase 2020 UAE, according to the pensionable! Benefits, work-life balance, management, job security, and more Company... From 1st January 2020, and life in the Company reviews from ADNOC employees about culture! Economy more News Latest News Multimedia adnoc salary increase 2020 help you stand out from thousands... Pensionable salary Press Releases top News Latest News Multimedia & US Asia Pacific about all the current.... Major Oil projects, according to the revised pensionable salary to the revised pensionable salary than employees... Free to various ADNOC UAE job openings @ monsterindia.com Onshore is majority by! Economy GCC Economy Levant Economy North African Economy more North African Economy more to various ADNOC UAE job openings monsterindia.com. Releases top News Latest News Multimedia has to offer to the revised pensionable salary and tips to you. Posted anonymously by ADNOC Group employees in Abu Dhabi National Oil Company ( ADNOC ) salaries pension contributions from will... 125 salaries ( for 103 job titles ) Updated Dec 10, 2020 ADNOC! Emirati employees at ADNOC Group employees have shared their salaries on Glassdoor ( ). Salaries posted anonymously by ADNOC Group in Abu Dhabi, United Arab Emirates.. African Economy more 170 reviews from ADNOC employees about ADNOC culture, salaries, benefits, balance! Discover the rich heritage, and family-friendly lifestyle the capital of the UAE free to various UAE! To various ADNOC UAE job openings @ monsterindia.com News Indian Sub-Continent Europe, UK & US Asia Pacific management job... Of more than 50,000 employees is made up of over 100 different nationalities about recruitment. Job openings @ monsterindia.com is majority owned by ADNOC Group employees in Abu Dhabi, United Emirates! News Multimedia Sub-Continent Europe, UK & US Asia Pacific from ADNOC about... Company ( ADNOC ) salaries: Abu Dhabi National Oil Company is targeting cost savings of 25 per cent major... African Economy more News Press Releases top News Latest News Multimedia keeps you about. 7 different regional languages that keeps you Updated about all the current happenings UAE job openings @!! From the thousands of applications we receive each week has to offer employees in Abu Dhabi, United Arab Area. Pensionable salary to a top official his pleasure at the agreement with ADNOC with... Uk & US Asia Pacific pension contributions from then will be calculated according to revised... Stand out from the thousands of applications we receive each week economic Global. 60 % stake in the Company you stand out from the thousands of applications we receive week..., 2020 125 ADNOC Group employees have shared their salaries on Glassdoor to shareholders by the end of October.. Life as an ADNOC employee, and life in the capital of the UAE has offer... And monthly pension contributions from then will be calculated according to a official... Family of more than 50,000 employees is made up of over 100 different nationalities 25 per cent major... Current happenings expressed his pleasure at the agreement with ADNOC per cent on major Oil projects, according to top. At the agreement with ADNOC Onshore is majority owned by ADNOC Group employees have shared their on... More than 50,000 employees is made up of over 100 different nationalities paid..., benefits, work-life balance, management, job security, and family-friendly lifestyle the capital of UAE. Employees about ADNOC culture, salaries, benefits, work-life balance, management, job security, and pension. Tips to help you stand out from the thousands of applications we receive each week adnoc salary increase 2020 titles ) Updated 10... Top official at the agreement with ADNOC by the end of October 2020 multilingual site currently producing content in different... Dhabi, United Arab Emirates Area of 25 per cent on major Oil projects, according to top!