I work for a private company in Dubai on an unlimited contract and draw a monthly salary of Dh10,000. My basic salary is Dh5,000, and other allowances Dh5,000. After completion of two years, the company restructured this as basic salary Dh3,000 (30 per cent) and other allowances Dh7,000 (70 per cent).I understand the end of service benefits (EOSB) are computed on the last drawn basic salary which, in my case, has diminished to Dh3,000.t is further noted that upon completion of two years of employment your employer renewed your labour contract and at the time of its renewal reduced your basic salary to Dh3,000 (30 per cent) and other allowances were fixed to Dh7,000 (70 per cent).
That being said, many businesses look at the cost of the individual health insurance policies the employees will be purchasing to help set the contribution amounts. In 2016, the cost of individual health insurance for a 40 year old on a Silver plan averaged $351.02 per month or $4,212.24 a year.
An employer sponsors a health care insurance plan and a health FSA with a maximum reimbursement amount of $1,200 and contributes $400 to the plan annually, leaving the employee with a maximum election of $800.he employee has other health cov-erage available through the employer and future COBRA premiums (contributions) to the health FSA equal to or exceeding potential future benefits (disbursements). Letâs look at an example that illustrates the HIPAA certification exemption require-ments.