End Of Service Computation In Saudi Arabia

Last updated mar 26 2019.

End of service computation in saudi arabia. 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. The benefits also depend on the length of the year the worker stays in the company. Employees in the kingdom of saudi arabia are entitled to end of service benefits esb. 1 2 salary for the first 5 years for each year served.

These are benefits given to employees at the time they leave the company. 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. It is based on the current provisions of the saudi labor law. This comprehensive end of service benefit calculator generates a free customised report for you.

It should not be used by those exempt from the provisions on the labor law under article 7. These are benefits given to employees at the time they leave the company. Saudi end of service computation. End of service reward calculator.

The calculation of end of service benefits varies depending upon the fact that the employee is terminated or resigned. End of service gratuity benefit calculator. 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. As per article 84 of saudi labor law an employee is entitled to the following end of service benefits in case of termination.

Entitlement to end of service benefits however varies depending on the status of the worker such as if he resigned or he was terminated. Calculate end of services benefit using calculator. Entitlement to end of service benefits however varies depending on the status of the worker such as if he resigned or he was terminated.