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.
In fact, your salary may represent just a portion of your total compensation if your employer offers a benefits package. A 2014 report by the Bureau of Labor Statistics found that the average employee benefits package costs an employer $9.09 per employee per hour worked.For a 40-hour employee that's $18,907.20 per year.However, costs vary greatly based upon the nature of your work and the type of employer.ealth insurance represents a large chunk of the cost of benefits. In 2013, AON Hewitt released a study suggesting the average annual employee health insurance premium would rise to $11,176 in 2014. Employers typically split this cost with employees.