Gratuity in UAE Formula - Employee Benefit

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Formula

Formula Used :

(If year >= 1 or year < 3)
GC In U A E = [ Basic Salary x 7 days x No. of years of service ] / 30

(If year >= 3 or year < 5)
GC In U A E = [ Basic Salary x 14 days x No. of years of service ] / 30

(If year >= 5)
GC In U A E = [ Basic Salary x 21 days x No. of years of service ] / 30

Where,
GC = Gratuity calculation.