End Of Service Benefits In Saudi Arabia

If an employer terminates an employee from company before his 5 years of service then he is eligible for half salary.

End of service benefits in saudi arabia. End of service benefits in saudi labor law for termination of contract of employee. The calculation of end of service benefits varies depending upon the fact that the employee is terminated or resigned. July 19 2020 by ahmad muhammad. 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.

Mostly the private sector offers it to its employees. As per article 84 of saudi labor law an employee is entitled to the following end of service benefits in case of termination. End of service is a lump sum amount payable to the employee upon leaving services after a certain period of time. 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. While in the govt jobs the employee gets the pension usually.