Indemnity payment done after transfer to other company
I have been working in a certain company for over ten years and now I’m tendering my resignation as per Kuwait law with three months notice. My last day of work is now fast approaching. My question, when can I take my settlement for my ten years. Is it before I leave the company or after I transfer to the new company? Please give me the information on this matter.
Name withheld
Answer: The indemnity is normally paid as soon as the transfer is done. But regardless of how things work out, the indemnity must be paid before an individual leaves the company so that when you join another firm you don’t have to collect dues from the previous one.