![]() |
Gratuity Payment
IS it calculated on your basic salary only or your salary including allowances?
|
Re: Gratuity Payment
Originally Posted by AnotherWorld
(Post 8005853)
IS it calculated on your basic salary only or your salary including allowances?
|
Re: Gratuity Payment
yep basic.
|
Re: Gratuity Payment
and just incase two comments aren't enough, basic :p
|
Re: Gratuity Payment
What they said.
|
Re: Gratuity Payment
Originally Posted by Blue Cat
(Post 8005881)
and just incase two comments aren't enough, basic :p
|
Re: Gratuity Payment
Originally Posted by rowell
(Post 8006038)
and if you leave of your own accord not 100% of the basic according to labour law
|
Re: Gratuity Payment
Basic.:D
|
Re: Gratuity Payment
Originally Posted by Jeeper
(Post 8006255)
Basic.:D
You then get 1/3 of this for over one year but less than 3 years service, 2/3 for between 3 and 5 years and 3/3 (ie all 21 days) one you have finished 5years. Simple really! |
Re: Gratuity Payment
Originally Posted by NorthernLad
(Post 8006240)
I think it goes on years with company. After 5 years you do get 1 months salary for each year worked here (at least according to our HR, we had this discussion a few weeks ago).
|
Re: Gratuity Payment
Originally Posted by NorthernLad
(Post 8006240)
I think it goes on years with company. After 5 years you do get 1 months salary for each year worked here (at least according to our HR, we had this discussion a few weeks ago).
|
Re: Gratuity Payment
Originally Posted by busybee2
(Post 8006441)
it does go up depending on length with company, but its always done on the basic salary.
|
Re: Gratuity Payment
Originally Posted by Cry haddock
(Post 8006435)
Indeed basic, and it's 21 days pay per year worked, not 30. so ((monthly salary x 12) /365) x 21, which comes to about twenty one thirtieths of your normal monthly basic :-).
You then get 1/3 of this for over one year but less than 3 years service, 2/3 for between 3 and 5 years and 3/3 (ie all 21 days) one you have finished 5years. Simple really! Termination by Employer for any non-material fault on your part: * The benefit will be calculated on the basis of the basic salary of 21 days for each year of service in respect of the first 5 (five) years (provided one year of service has been completed) and 30 (thirty) days remuneration for each subsequent year. Termination/Resignation by Employee: * If you resign from employment on your own accord after continuous service of not less than one year and not more than 3 (three) years, you will be entitled to one-third of the end of service benefit (i.e. 7 days per each year) calculated on the basic salary. * Where the continuous period of service exceeds 3 (three) years but does not exceed 5 (five) years, you will be entitled to two-thirds of the end of service benefit (i.e. 14 days per each year) calculated on the basic salary. * Where the continuous period of service exceeds 5 (five) years, you will be entitled to the full end of service benefit (i.e. 21 days per year for five years and 30 days per year after five years) calculated on the basic salary. |
Re: Gratuity Payment
http://www.zu.ac.ae/library/html/UAE...ELabourLaw.pdf
Read and inwardly digest, very good chapter on Gratuity payments. |
Re: Gratuity Payment
Originally Posted by Vimto
(Post 8006987)
http://www.zu.ac.ae/library/html/UAE...ELabourLaw.pdf
Read and inwardly digest, very good chapter on Gratuity payments. - |
| All times are GMT -12. The time now is 3:35 pm. |
Powered by vBulletin: ©2000 - 2026, Jelsoft Enterprises Ltd.
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.