How Indemnity Is Calculated For Private Sector

Any worker who completes more than 10 years in a single company will get "No of years worked * Monthly Salary" , Max indeminity a worker can avail is "18 Months Salary"  even if you work in a single company more than 18 years you will get only 18 months salary as Indemnity.

 

How Indemnity is calculated for the workers who are paid on daily basis

• If the employee works with the current company for less than 3 years then he is not eligible for Indemnity
• If the employee works with the current company for more than 3 years and less than 5 years then he is eligible for 1/3 of monthly salary * no of years worked
• If the employee works with the current company for more than 5 years and less than 10 years then he is eligible for 1/2 of monthly salary * no of years worked
• If the employee works with the current company for more than 10 years then he is eligible for Monthly salary * No of years worked

 

 

 

How Indemnity is calculated for the workers who are paid on monthly basis

• If the employee works with the current company for less than 3 years then he is not eligible for Indemnity
• If the employee works with the current company for more than 3 years and less than 5 years then he is eligible for 1/2 of monthly salary * no of years worked
• If the employee works with the current company for more than 5 years and less than 10 years then he is eligible for monthly salary * no of years worked

 

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1. 

   Kuwaitlocal Jun 30, 2016 at 11:27 AM

   Hi Caloy - As per my knowledge you should 3850 KWD. still please check with your company

2. 

   caloy Dec 27, 2015 at 07:21 PM

   I would like to ask this, i am still working in the company for 11 years (my current salary is KD.350) and i wanted to resign and move to other company. How much would be the computation of my indemnity and how much should i get?