Indemnity Calculation for 2 Years Kuwait Salary

Byadmin

Are you looking for a simple way to calculate your indemnity for 2 years in Kuwait? I have made an Indemnity Calculator for Kuwait; it will help you with how to calculate end-of-service benefits as per Kuwait Labor Law.

Indemnitycalculator.com simplifies this process and is easy to use, which helps you to calculate your indemnity based on a few essential details and get what’s yours.

You have worked with an employer on a contractual basis for three or more than five years, and if you have resigned before a minimum period of service “(usually three years), you are not eligible for an end-of-service indemnity for 2 years in Kuwait; also, if you are dismissed for gross misconduct, but if you get terminated by an employer without any cause, you may be eligible!

Calculating end-of-service indemnity for 2 years in Kuwait is straightforward; if you got terminated by an employer without any cause, follow these steps for indemnity for 2 years:-


Indemnity Calculation for 2 Years

Get an Accurate Estimate of Your End-of-Service Benefits For Kuwait

Here are the simple steps to follow:

  • Step 1: Go to the Kuwait Indemnity Calculator tool above.
  • Step 2: Enter the Date, These dates represent the beginning and end of service period.
  • Step 3: Fill in your monthly basic salary in KWD.
  • Step 4: Enter the number of unpaid leave days.
  • Step 5: Choose the Termination Type, "Terminated".
  • Step 6: Click on the “Calculate Indemnity” Calculator will provide Total amount with break-up.

Below is a detailed explanation, including formulas and examples to help you Indemnity Calculation for 2 Years accurately.

Example: Let’s say Mr. Javed worked in Kuwait for 6 years with a monthly salary of 800 KD

1.Days Salary Calculation

To calculate your daily salary, divide your monthly basic salary by 26 (the standard number of working days in a month).

Formula: Daily Salary= Monthly Basic Salary÷26
Example: if your monthly salary is 800 KD, your daily salary would be:
800÷26 = 30.77 KD.

2.First 5 Years Indemnity

Indemnity for the first 5 years is calculated by multiplying your daily salary by 15 days, and then multiplying the result by the number of years of service.

For instance, if your daily salary is 30.77 KD and you worked for 2 years, the indemnity would be:

Formula: Indemnity=(Daily Salary×15)×Years of Service

Example : (30.77×15)×2= 923.10 KD

Indemnity for exceeding years (more than 5 years): Daily Salary×30×No. of Years

Unused paid leave balance is calculated separately and added to the total indemnity.

Conclusion

Calculating indemnity Kuwait is simple when you follow the outlined formulas based on your daily salary and years of service. Ensure you account for all factors like paid leave and service period.

For precise calculations or complex cases, consult HR or legal experts to secure the compensation you deserve.

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