Latest News
- 123 Garages Closedown For Fixing Loud Mufflers For Vehicles In J...
- Court Upheld 10-year Jail Term For Manslaughter
- An Expatriate Accuses His Ex-wife Of Forging 36 Invoices
- Kuwait's Mubarakiya Meat Market Inspection Raises Hygiene Concer...
- Human Trafficking And Migrant Worker Smuggling Task Force Formed...
- Stop Responding To Fake Messages!
- PAM Enforces Gov’t Contract Kuwaitization
- To Curb Pollution, Kuwait Considers Using Used Tires For Energy
- Sixty Percent Of The Oil Sector Workforce Are Eligible For Incen...
- Authorities Arrested 6 Expats For Illegal Sale Of Subsidized Die...
- Health Ministry And Zain Launch Hotline To Report Violence Again...
- Kuwaitis And Expatriate Jailed For 5 Years In A New Exam Paper L...
Indemnity Calculation
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.
Trending News
-
AstraZeneca Admits Covid Vaccine Can Cause Rare Si...
29 April 2024
-
Work Permits Will Be Issued For One Year Under The...
27 April 2024
-
Kuwait Unveils Monumental Solar Energy Project For...
06 May 2024
-
Gulf Electrical Interconnection Project Will Boost...
04 May 2024
-
Ministry Of Health Amend 'nature Of Work' Allowanc...
28 April 2024
-
In 3 Months, Kuwaitis And Expats Bought 4 Tons Of...
01 May 2024
-
Kuwait Banks Seek Clarity From Central Bank On Cit...
04 May 2024
-
Kuwait Cracks Down On Bachelors
02 May 2024
-
Expat Deported For Inciting Child Murder
28 April 2024
-
Kuwait Organizes 30 Events To Protect Children Fro...
04 May 2024
Comments Post Comment