regarding final settlement information
posted by Mohd on Saturday, January 25, 2020
Dear Team,
my company admin told me, that if you resign with notice period, company will pay only salary, no service money, no ticket.
if company give you notice or terminate then all will give by company. (salary, service, salary, ticket)
this is as per kuwait law or not, or company policy.
plz explain,
thanks.
Posted On
1/24/2020
10:07:31 PM
by
Janta Janardan
If you resign before completion of 3 years you will get salary + any unused leaves.
If you resign after 3 years you will get salary + half of indemnity calculated @ 15 days per year.
if you are terminated you will get salary + indemnity (even if you have worked 1 month on pro- rata basis) + any unused leaves.
better get terminated to receive max. money. after all we came to kuwait to make money.
in short, getting terminated is beneficial.
Ticket- it is as per co. policy. no liable for co. if not agreed during interview time.
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