8 of 1980 regulating labor relations as amended by Federal Laws Nos. 1. Try it now! The general formulas to calculate overtime rate for normal days is (Salary/30 days/8 hours) * 1.25 and for weekend (Salary/30 days/8 hours)*1.5. Salary Formula (Table of Contents) Salary Formula; Examples of Salary Formula (With Excel Template) Salary Formula Calculator; Salary Formula. 10.68+10.68 X 25% =13.35 per hour over-time. Calculation must be based on the employee's current salary Published: March 25, 2013 13:36 Posted by Bassam Za'Za', Legal and Court Correspondent A reader asks: I’m working in a company in Dubai. Answer:We can use =COUNTIF(A2:E11,"="&DATE(2017,2,6)) A2:E11 refers to date of leave applications of the 5 employees. supposed your basic salary is 2600 AED and you did overtime 120 hours in a month your salary will be. Use keywords that are as specific as possible. (Normal 1 hour pay + 25% = 1hrs over-time) 2600×12/365/8 = 10.68 normal hour pay. Summary - the opening leave days, annual leave entitlement, date employed, date terminated and gross monthly salary of each employee should be recorded on this sheet and the accrued leave, leave days taken, leave days paid, leave days due and the leave provision for each employee are automatically calculated. Employees who leave the company after completing 5 years or more in service get a pay on 30 days salary for each year. Calculate Leave Encashment Payment. For example, if you want to search about a service, use the “word … As an employee, you are only entitled for basic salary and housing allowance pay as annual leave salary in the UAE. Home; ... Employees who leave the company within the period of 1 year and 5 years of service get a pay on 21 days salary for each year. Question:Sometimes we need to avoid too many employees taking leave on the same day. You should further multiple number of OT hours to the respective formula to get OT Amount for normal days and Fridays to add in to Gross Salary … Use this online UAE gratuity calculator to calculate your gratuity in UAE. Calculation of Leave Pay during Employment During employment, leave pay is calculated to be basic salary and housing allowance only although the market trend is to provide full remuneration for leave pay. The word salary has been derived from the Roman letter “salarium” which was given to the Roman soldiers in ancient times … As per Article 80 of the UAE Labour law, remuneration due to an employee plus 24 of 1981, 15 of 1985 and 12 of 1986. How to calculate number of employees on leave on 6 Feb? Leave Salary calculation in UAE is administered by your attested labor contract. A person gets a salary of Rs.12000 per month and allowed leave days per month is 2. Basic salary×12/365days/8hrs = 1hrs payment. 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