PPRuNe Forums - View Single Post - Qatar salary reductions and redundancies 😬
Old 24th Sep 2020, 15:53
  #231 (permalink)  
mmorel
 
Join Date: Apr 2013
Location: new york
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I have a question in regard to Gratuity payment... I signed up for ISP and I noticed the way the calculated end of service benefit is wrong.
As an example, someone with a service period of 7 years and 9 months will receive 8 years of service ( (90 days termination notice).

gratuity pay @ 21 days basic salary for 1825 days ( 5 years) = 150,000 QR
Gratuity pay @ 28 days basic salary for 1095 days (3 years)=. 120,000 QR

Total =270,000 QR

They stopped contributing to ISP right after your termination so they won't be depositing any money to ISP for the 90 days termination.
And since ISP has outperformed and acquire interest since inception 2016.
So imagine this person has up until the last day of employment not 320,000 QR.

So according to Qatar airways, they won't have to add any gratuity pay since the amount is higher in your ISP account.

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