Cost of Living Allowance for UAE

The cost of living allowance can be a flat amount or a percentage of salary.

The following input is needed to perform the calculation:

• Range value for the seeded calculation value definition details Cost of Living Percent.
• Range values for the seeded calculation value definition details Maximum Cost of Living Allowance and Minimum Cost of Living Allowance: these two amounts will be used to set the maximum and minimum amount.

Attach a Gratuity Salary formula, in the employer gratuity PSU level calculation card, if not already attached. The value returned by this formula takes the base monthly salary for this allowance. The Cost of Living Allowance Percent is applied to this monthly salary basis and the resulting amount is compared with the Maximum Cost of Living Allowance and Minimum Cost of Living Allowance. In case this is out of range, this is adjusted.