How Much Indemnity Will I Get From My Company

26 February 2017 Indemnity

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: 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

 

SOURCE : ARABTIMES

: 3625

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