Indemnity calculation

I have been working in a company for 5 years and 4 months. I submitted my resignation 15 days ago and my company accepted it. Will I get my indemnity and if yes, how much?

Name withheld

Answer:
According to Articles 51 & 53 of the Kuwait Labor Law, you are entitled to two thirds of the total indemnity for your service because you have worked for the company for over 5 years.
You get 15 days pay for each of the first 5 years i.e. 15 x 5 = 75/26 x your pay + 1/3rd of a month’s pay for the 4 months.

The Arab Times invites questions on all aspects of Kuwaiti law. If you face a problem, or need specific advice on any legal matter, from commercial and investment law to divorce and labour, send questions to the Managing Editor, Arab Times, P.O. Box 2270, 13023 Safat, Kuwait, or Fax to 24818267.

Read By: 2999
Comments: 0
Rated:

Comments
You must login to add comments ...
 Existing Member Login      
Username
(Your Email Address)
Password
 
 
   Not a member yet ?
   Forgot Password ?

About Us   |   RSS   |   Contact Us   |   Feedback   |   Advertise With Us