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To define the EoSB rates, use the HR and Payroll > Master Data > End-of-Service Provision Rates form. For details, refer to Adding an End-of-Service Benefit Rate.
You can load the ready-to-use EoSB rates that comply with the UAE legislation when you click the Load button on the toolbar of the End-of-Service Provision Rates form.
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For each employee, the length of service is calculated from the date when this employee had been hired. Because the termination conditions are not known for working employees at any month end, the following rates are used for an employee with A as average daily earnings:
Employment contract | Limited | Unlimited |
|---|---|---|
Termination Type | End- of Contract | Voluntarily |
Length of service 1-3 years | R =21 | R = 7 |
Length of service 3 - 5 years | R =21 | R = 14 |
Length of service over 5 years | R=30 | R = 21 |
Formula | A*R/12 | A*R/12 |
Table 1. The Monthly EoSBMonthy amounts
Note that to calculate the monthly amount for accrual, the rate from the current interval of the length of service should be applied to a month, that is divided by 12.
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