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Traditional vs. New EOSB System
Traditional vs Alternative EOSB
Traditional EOSB Gratuity is calculated using the formula as stipulated in the UAE Labour Law.
The UAE's new Alternative EOSB saving scheme adopts an investment-based approach.
The question many employees ask: Which is better?
Please use our proprietary comparison tool to compare the traditional vs. the new EOSB system for your given circumstances and expectations:
How to Use this Calculator
First, please fill in the inputs Date of Birth, Employment Start Date and Annual Salary
Then use the sliders to select the Estimated Annual salary increase and your planned retirement age
Next, select the date at which you will be transitioning to the new End of Service Benefit (EOSB) system.
And finally, select the investment fund type you will choose under the new system. Important note: the expected returns are based on historic averages, and are in no way guaranteed.
Once you have selected all inputs, please press the "Calculate Comparison" button to generate the comparison graph.
For further information please see also our article on the topic.
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