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How Much Indemnity Will I Get From My Company
First of all, thank you very much for your good legal advice. My current company has terminated me. My salary is KD 300. I have completed service 8 years and 9 months service. I have 75 days service left, including the notice period. I also have 21 days unpaid leave. How much indemnity will I get from my company.
Name withheld
Answer:Â Your indemnity will be calculated as follows :
Salary: KD 300 Service: 8.75 years You get 15 days pay for each of the first five years = 75 days but these days are first divided by 26 (working days in a month) = 2.88 months pay After that you get one month’s pay for each year of service = 3.75 months pay.
Total indemnity = 2.88 + 3.75 = 6.63 months pay = 6.63 x KD 300 = KD 1,989 As your services have been terminated you will get the full above amount in spite of the fact that you have not completed 10 years service
Â
SOURCE : ARABTIMES
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