How to Calculate End of Service Benefits in Saudi Arabia
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 Calculation in Saudi Arabia
If a worker resigns, their entitlement to the ESB is at a rate of 1/3rd of the award for service between 2 and 5 years. 2/3rd award for service between 5 and 10 years and full award for service of 10 years or more. Read : How To Create Dispute On Traffic Violation/Sehar Mukhalfa
Workers shall be entitled to the full award if they leave work due to a forced majeure beyond their control.
End of Service Reward Calculator
A female worker shall likewise be entitled to the full. If she ends her contract within six months from the date of her marriage or three months from the date of giving birth.
At the end of the worker’s service, the employer shall pay his wages and settle his entitlements within one week from the date of the end of the contractual relation. If the worker ends the contract, the employer shall settle all his entitlements within two weeks.
End of Service Reward Calculation can be done by visiting the Ministry of Human Resources and Social Developments portal. See : How to Check Traffic Violations Mukhalfa in 2020 Saudi Arabia
To launch the End of Service Benefits calculator, Click Here
End of Service Reward Calculator
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. 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
Sample End of Service Calculation
For more updates. Do visit our Facebook and Twitter Page.
Comments are closed.