Indemnity Calculation in Kuwait As Per Law
Indemnity Calculation in Kuwait
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
Indemnity Kuwait Indemnity Calculation In Kuwait, Question and Answers
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Calculating Termination Indemnity or End of Service benefits in Kuwait
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 …
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about Indemnity Calculation in Kuwait As Per Law