End Of Service Benefits In Saudi Labor Law

End of service benefits calculation in saudi arabia february 20 2020 end of service reward calculator end of service benefits esb will be admissible after 2 years of service with the same employer at the rate of half a month wage for each of the first five years and one month wage for each of the subsequent years of service beyond five years.

End of service benefits in saudi labor law. If an employee is resigned before the service of two years then he is not eligible for any kind of end of service benefits like esb percentage of salary entitlement. Employees in the kingdom of saudi arabia are entitled to end of service benefits esb. In labor law there are five articles 84 88 dedicated only to end service benefits. In saudi arabia a proper document is distributed by the ministry of labor about labor law.

1 2 salary for the first 5 years for each year served. The end of service benefits of employee s rights on the employer in the case of termination of the employment contract and it is obligatory on the employer to pay the employee at the end of the contract of employment whether it is a fixed term contract or indefinite. The end of service benefits of worker s rights on the employer in the case of termination of the employment contract and it is obligatory on the employer to pay the worker at the end of the contract of employment whether it is a fixed term contract or indefinite. These are benefits given to employees at the time they leave the company saudi labour law is very helpful for employees when calculating the end service benefits.

Esb is the same as the gratuity if an employee is working for a company and when he resigns or gets terminated he will get his full and final settlement from his company which is known as end of service benefits. That s the easy way to estimate end of service benefits expense the maturity date of the reward and how to calculate it according to the rules of the saudi labor law. End of service benefits in saudi means that any employee or worker who is working in kingdom of saudi arabia ksa get some cash after ending their service and will be entitled for end of service benefits as per saudi labor law. If an employee is working for a company and when he resigns or gets terminated he will get his full and final settlement from his company which is known as end of service benefits.