End of Service Benefits (EOS) in Saudi Arabia means that any employee or worker who is working in Saudi Arabia get some rewards after ending their service and will be entitled for End of Service benefits as per Saudi Labor Law. If an employee is working for a company and when he resigns or gets terminated, he will get his full and final settlement from his Company which is known as End of service benefits.
Job End of Service Rewards in Saudi Arabia
Employment end of service benefits in KSA according to Saudi Labor law is if the company gives a final exit or terminates and employee contract then as per Saudi Labor Law, you’re entitled to get half of your monthly for first 5 year and 1 month salary for following years:
Note: For EOS Entitlement Employee must work for 2 years minimum if anyone resign before two years and serve one month notice so he will only get his entitled leaves and salary NO EOS.
End of Service benefits all depends on the time period an employee works in a company and based on that he will be awarded cash benefits towards ending his services from the company.
Employees leave the company in two situations, either they will resign or will get terminated from the company. EOS benefits will be applicable in both the situation as follows:
For Resignation Employees
If an employee resigns in less than 2 years of work, then he will not be entitled for End of Service (EOS) benefits.
To get these benefits he should have to complete minimum 2 years of employment.
If an employee’s stays and works in the company for more than 2 years and less than 5 years. He will be entitling to get 1/3rd of his EOS benefits. EOS Benefits will be half of his Salary in this case.
If an Employee complete 5 years in a company, then he will be entitled to get 2/3rd of his End of Service Benefits along with Full Salary %
If an Employee complete his 1o years of service and then resigns, he will be entitled for Full End of Service
Benefits Awards with % of Full Salary
Saudi Arabia Employment End of Service Reward Calculator
- Open one of the given links above to calculate the End of Service Reward.
- Select the type of employment contract.
- Now select the reason of End of Service.
- Enter the amount of your current salary.
- Provide your duration of service years, months and days you work with your employer.
- Click on ” = “ to calculate your ESB services. Press ” C “ to reset ESB Calculator.
For Terminated Employees:
If an Employee gets terminated by his employer or company before 5 years of his service, then he will be entitling for Half Salary
If an Employee get terminated after completion of 5 years, then he will be entitled for Full Salary