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End of Service Award Calculator

 
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hsm



Joined: 20 Aug 2010
Posts: 65
Location: Second Floor

PostPosted: Wed Oct 14, 2015 4:22 am    Post subject: End of Service Award Calculator Reply with quote

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:

https://www.laboreducation.gov.sa/en/Contracts/End-of-Service-Award-Cal-5823


Cool
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mnruman



Joined: 30 Mar 2015
Posts: 93
Location: Manchester, UK

PostPosted: Thu Oct 15, 2015 8:26 am    Post subject: Reply with quote

Can anyone vouch for this calc and advise whether its accurate or not.
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RustyShackleford



Joined: 13 May 2013
Posts: 449

PostPosted: Thu Oct 15, 2015 8:31 am    Post subject: Reply with quote

It's a governmental website and, from my understanding of current Saudi labor law, is accurate.
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buravirgil



Joined: 23 Jan 2014
Posts: 967
Location: Jiangxi Province, China

PostPosted: Thu Oct 15, 2015 9:21 am    Post subject: Reply with quote

Saudi labor law is an exercise in promotions, like a public service announcement produced by a beef or dairy council. That's not to say the ministry won't take any case, but...be prepared to wait...years.

Contractors especially, but not to exclusion, make a practice of never informing you of when they have documented a breach of contract. They don't fire you and they just don't tell you. I'd actually gained the respect of a middle manager in my three years that warned me in a strained, vague language that a request for leave (that his boss prefer be used to scuttle a bonus) could not be advised.

The business model for contractors is a yearly turnover. That said, I was awarded three years and I knew a few others awarded their two. Single years are part of the business plan.
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2buckets



Joined: 14 Dec 2010
Posts: 515
Location: Middle East

PostPosted: Sat Oct 17, 2015 2:40 pm    Post subject: Reply with quote

In my experience I've found that it is impossible to calculate what your bonus will be. That being said, in 3 KSA contracts and 2 UAE contracts, my bonus turned out to be more than I expected.

Last edited by 2buckets on Sun Oct 18, 2015 3:48 pm; edited 1 time in total
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buravirgil



Joined: 23 Jan 2014
Posts: 967
Location: Jiangxi Province, China

PostPosted: Sat Oct 17, 2015 2:53 pm    Post subject: Reply with quote

2buckets wrote:
In my experience I've found that it impossible to calculate what your bonus will be.
Mine were stipulated in a contract.
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johnslat



Joined: 21 Jan 2003
Posts: 13859
Location: Santa Fe, New Mexico, USA

PostPosted: Sat Oct 17, 2015 11:55 pm    Post subject: Reply with quote

Mine was in the contract, too. Half a months salary for the first 4 years, but you didn't get anything if you left after one year, You had to stay for 2 years and then you'd get one month's salary (so, if you left after 4 years, your bonus would be 2 months salary. Upon completion of the fifth year, it upped to a month's salary for each year (so, if you left after 5 years, your bonus would be 5 month's salary.)

Regards,
John
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scot47



Joined: 10 Jan 2003
Posts: 15343

PostPosted: Sun Oct 18, 2015 6:58 am    Post subject: Reply with quote

Ditto. Working out exact amount, including vacation pay die not get me the right answer. I got more than expected when I left the Airline after 6 +years and when I left KFUPM after 8 years.
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