Wages breakdown
Dec 24th 2007, 8:16 am
#1
Forum Regular
Thread Starter
Joined: Dec 2007
Posts: 163
Wages breakdown
Can anyone explain, why is the wage broken down into salary, car allowance, rent allowance, Is it to do with any bonus only being paid on basic, end of term payment only paid on basic, yearly negotiated rises only negotiated on basic? Thanks
Dec 24th 2007, 8:26 am
#2
BE Forum Addict
Joined: Jul 2007
Location: dubai
Posts: 2,674
Re: Wages breakdown
Yes it has a lot to do with end of service benifit which is calculated on basic.
Dec 24th 2007, 8:51 am
#3
Forum Regular
Thread Starter
Joined: Dec 2007
Posts: 163
Re: Wages breakdown
Thought it might have something to do with that.Thanks
Dec 24th 2007, 9:21 am
#5
BE Enthusiast
Joined: Jan 2005
Location: Dubai
Posts: 888
Re: Wages breakdown
Also makes it harder to directly compare packages which can work to the employers favour. Not much here works to the employees favour.
May 8th 2008, 6:28 pm
#7
Just Joined
Joined: May 2008
Posts: 5
Re: Wages breakdown
(I am dealing with a firm directly - there's no recruiter to ask).
Your help will be invaluable.
May 11th 2008, 9:37 pm
#8
Just Joined
Joined: Apr 2008
Location: London
Posts: 10
Re: Wages breakdown
Thank you for this. It's precisely the post I was searching for. I'm told the formula is something like this: Base / 12 * 19 = (Base + allowances) / 12 = monthly pay. If so, could you tell me how many months housing, how many school fees, etc.
(I am dealing with a firm directly - there's no recruiter to ask).
Your help will be invaluable.
(I am dealing with a firm directly - there's no recruiter to ask).
Your help will be invaluable.
I knew so little when I started looking into Dubai - now I spend an hour a day looking at forums (this one is great) and I have even found someone in exactly the same industry as me happy to discuss their package so i could compare.
Accommodation, wage, packages all depends but personal feedback helps you establish what is good and what is bad.
If you wanna email me any of the basic questions I would be happy to try and help, just personally email me!
Good luck!
May 12th 2008, 3:37 am
#9
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Wages breakdown
The best way to compare any package is simple.
Add all the figures together (salaries benefits allowances all as monetary values) and voila! You have an annual total, that can be directly compared.
It's called addition apparently.
Add all the figures together (salaries benefits allowances all as monetary values) and voila! You have an annual total, that can be directly compared.
It's called addition apparently.
May 12th 2008, 3:41 am
#10
BE Forum Addict
Joined: Aug 2007
Posts: 3,287
Re: Wages breakdown
Thank you for this. It's precisely the post I was searching for. I'm told the formula is something like this: Base / 12 * 19 = (Base + allowances) / 12 = monthly pay. If so, could you tell me how many months housing, how many school fees, etc.
(I am dealing with a firm directly - there's no recruiter to ask).
Your help will be invaluable.
(I am dealing with a firm directly - there's no recruiter to ask).
Your help will be invaluable.
May 12th 2008, 8:48 am
#11
BE Forum Addict
Joined: Mar 2007
Location: Abu Dhabi
Posts: 3,968
Re: Wages breakdown
THERE IS NO FORMULA
I'm told the formula is something like this: Base / 12 * 19 = (Base + allowances) / 12 = monthly pay
May 12th 2008, 11:15 am
#13
Just Joined
Joined: May 2008
Posts: 5
Re: Wages breakdown
I was and still am trying to learn how many months in addition to the base salary. But your puerile reply helped nonetheless.
May 12th 2008, 12:47 pm
#15
Just Joined
Joined: Apr 2008
Location: London
Posts: 10
Re: Wages breakdown
Being a "newie" to all this I presume he is talking about the additional salary which also known as living allowance. It can be anything up to 2 - 4 months a year all paid in one lump sum for accommodation. Many engineering companies seem to do it. Unfortunetely not my industry! :0(