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.
Physicians are competing for staff with hospitals, which offer benefits, so they have to do so as well. The report stated that in 2013, the average annual premium for employer-sponsored health insurance is almost $6000 for single coverage and about $16,000 for family coverage.