Provident fund in EK/EY?
Join Date: Apr 2005
Location: Canada
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Good Question
Often wondered that myself?! What the hell is the "end of service benefit" anyway? With the number of people that want to leave the sandpit surely someone has been able to find out all the details for EK/EY!
Not that I would think it's a "Golden Handshake" but I am hoping it's better than the "Kick in the Arse With a Frozen Boot" end of service benefit I'd get currently...
Not that I would think it's a "Golden Handshake" but I am hoping it's better than the "Kick in the Arse With a Frozen Boot" end of service benefit I'd get currently...
Join Date: May 2007
Location: Oasis
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What is "End of Service Benefit"?
SECTION II
Severance Pay Article 132
work without pay shall not be included in calculating the period of service. The severance pay shall be calculated as follows:
1.21 days' wage for each of the first five years of service.
2.30 days’ wage for each additional year of service provided always that the aggregate amount of severance pay should not exceed two year's wage.
Article 133
Article 134
http://www.mol.gov.ae/Pages-EN/docum...-labour.HTML#q