Indemnity Calculation
Category: Indemnity
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 My salary is KD 450. I want to know how much will I get after 15 years of service with the same sponsor and workplace?

I really need your good advice and calculations because some of my co-workers have left the company already but they were not satisfied with what they received.

Your insight and advice will be appreciated, more power too to your great column.

Name withheld
Answer: First of all you must understand that after you complete 10 years service you are entitled to the full indemnity and nothing can be deducted.

The calculation of the indemnity will be as follows:

Salary = KD 450

Service = 15 years

So you will get 15 days pay for each of the first five years = 72 days but this has to be divided by 26 (working days in a month) Therefore, this will work out to 2.88 months pay

Then you will get one month’s pay for each year after that and this will work out to 10 months pay

Total indemnity = 12.88 months pay = 12.88 x KD 450 = KD 5,796

So, this is the amount that you must get and not a fil can be deducted from this total. If the company tries to calculate the indemnity in any other way you can file a complaint against the firm at the nearest Labor Office in your area or take the firm to court.

 

15 Jul, 2015 4 26824
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