Gratuity Calculator
How To Use The Makeitdigital Gratuity Calculator?
The Makeitdigital Gratuity Calculator is a free online tool that can help you calculate the amount of gratuity you are entitled to in the UAE. To use the calculator, you will need to enter the following information:
- Your basic salary
- The length of your service
- Whether you were terminated with or without cause
- Whether you took any unpaid leave
- Whether you have any outstanding debts to your employer
Once you enter this information, the calculator will calculate the amount of gratuity you are entitled to. The results of the calculation will be displayed in UAE AED.
Your Gratuity:
0AED
Gratuity Calculator – What Is The Formula For Calculating The Gratuity?
The amount of gratuity payable to an employee is calculated based on their basic salary and the length of their service. If an employee has served more than five years, they are given a full gratuity of 30 days’ salary for each year of work following the first five years.
The formula for calculating gratuity in the UAE is as follows:
Gratuity = (Basic Salary * Number of Years of Service) / 365
For example, if you have a basic salary of 10,000 AED and have served for 3 years your gratuity would be calculated as follows:
gratuity = (10,000 AED * 3 years) / 365 = 63,000 AED
There are a number of online gratuity calculators that can help you calculate the amount of gratuity you are given. You can also find an end-of-service calculator UAE Excel template that you can use to calculate your gratuity.
There are many end-of-service calculator UAE Excel templates available online. These calculators can help you calculate your gratuity amount manually but you can also use the Makeitdigital online gratuity calculator to get faster results.
If you are looking for a gratuity calculator specifically for Dubai, you can find one by searching for “gratuity calculator Dubai”.
What Are The Eligibility Criteria For Payment Of Gratuity Calculation?
Gratuity is payment made to an employee by their employer upon termination of employment. It is a form of severance pay, and it is to provide the employee with a financial cushion as they go to see other opportunities.
In the UAE, gratuity is payable to employees who meet this eligibility criteria:
- They have been employed for at least one year.
- They have been terminated from their employment, either by death, termination, or resignation.
- They do not have any outstanding debts to their employer.
- The amount of gratuity payable to an employee is calculated based on their basic salary and the length of their service. Employees who have served for more than one year but less than five years are given full gratuity pay based on 21 days’ salary for each year of work.
- If an employee has served more than five years, they are given a full gratuity of 30 days’ salary for each year of work following the first five years.
FAQ'S
How gratuity is calculated in UAE?
Gratuity in the UAE is calculated based on the employee’s basic salary and the length of their service. Employees who have served their companies for more than one year but less than 5 years will get full gratuity pay based on the 21st day’s salary for each year of work following the first five years.
How to compute gratuity 2023?
The calculation of gratuity in the UAE has not changed in 2023. The formula for calculating the gratuity in the UAE is as follows:
Gratuity = (Basic Salary * Number of Years of Service) / 365
Gratuity = (10,000 AED * 3 years) / 365 = 63,000 AED
What are the new rules for UAE 2023?
There are no new rules for gratuity in the UAE in 2023. There are some changes to the UAE labor law that may affect the payments of gratuity. For example, the new law increases the maximum amount of compensation that can be awarded to employees who are terminated for no reason.
How is gratuity calculated for part-time employees in UAE?
Gratuity for part-time employees in the UAE is calculated on a pro-rata basis. This means that the employee’s gratuity is calculated on the basis of the hours they work each week and the length of their services.
For example, if a part-time employee works for 20 hours a week and has basic pay of 5,000 AED, their gratuity will be as follows:
Gratuity = (Basic Salary * Number of Hours Worked per Week * Number of Weeks per Year) / 365
Gratuity = (5,000 AED * 20 hours / week * 52 weeks / year) / 365 = 7,692.31 AED
