End Of Service Benefit In Saudi Arabia
End of service benefits or award is applicable for those expatriates who completed a minimum of two years service in any company of saudi arabia.
End of service benefit in saudi arabia. 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. 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. End of service benefits saudi labor law esb calculator ksa saudi arabia end of service calculation how to calculate esb expatriates employer.
1 2 salary for the first 5 years for each year served. Full salary after the first 5 years for each year served. Entitlement to end of service benefits however varies depending on the status of the worker such as if he resigned or he was terminated.
Employees in the kingdom of saudi arabia are entitled to end of service benefits esb. These are benefits given to employees at the time they leave the company.