Kuwait Indemnity Calculation After 10 Years

The calculation of Indemnity in Kuwait after 10 years of service is based on actual length of service, monthly salary at the end of the employment contract, and unused paid leave.

Kuwait Indemnity Calculation After 10 Years

You can calculate indemnity in Kuwait after 10 years of service by calculating indemnity for the first 5 years, then calculating indemnity for years beyond 5 years, calculating compensation for months, days, and unused paid vacations, and then summing the results of the previous calculations to arrive at the total indemnity. ^[1]

See More: Indemnity Calculation after 5 Years | Indemnity Calculation for 2 Years Salary | How to Calculate Indemnity

Kuwait Indemnity Calculator after 10 Years

Below you can find the indemnity calculator in Kuwait after 10 years of service:

How to use Kuwait Indemnity Calculator After 10 Years

You can follow the simple steps below to calculate your end of service indemnity in Kuwait after 10 years of service:

• Input the start date of your employment contract (day, month, and year) in the Start Date field.
• Input the end date of your employment contract (day, month, and year) in the End Date field.
• Input your monthly salary in Kuwaiti dinars in the Monthly Salary field.
• Input the number of unused paid vacation days in the designated space.
• Click “Calculate Indemnity.”
• Check the details of the indemnity due.

How to calculate Kuwait Indemnity after 10 years

To calculate indemnity in Kuwait after 10 years of service, you must know the length of service in years, months, and days, the monthly salary at the end of the employment contract, and the number of unused paid vacation days. Then, follow the steps below:

Kuwait Indemnity Calculation for First Five Years

You can use the calculation below to calculate indemnity in Kuwait for the first five years:

• First five year bonus = (daily salary x 15) x number of years

Kuwait Indemnity Calculation for years over five

You can use the calculation below to calculate indemnity in Kuwait for years over five:

• indemnity for years over five = (daily salary x 30) x number of years over five.

Kuwait Indemnity Calculation for Parts of a Year Over 10 Years

You can use the calculations below to calculate indemnity in Kuwait for parts of a year (months and days) over 10 years:

• Monthly compensation = (Number of months ÷ 12) × (Daily salary × 30)
• Daily compensation = (Number of days ÷ 365) × (Daily salary × 30)

Calculating Paid Leave Indemnity in Kuwait

You can use the calculations below to calculate your paid leave balance for indemnity in Kuwait:

• Paid leave balance = (Number of paid leave days) × Daily salary

Calculating Total Kuwait Indemnity After 10 Years

You can use the calculation below to calculate total indemnity in Kuwait after 10 years of service:

• Total End of Service indemnity = First Five Years’ indemnity + Additional Years’ indemnity + Monthly indemnity + Daily indemnity + Paid Leave Balance.

See More: Indemnity Calculator | Indemnity Law | How to Claim Indemnity

Example of Kuwait Indemnity Calculation After 10 Years

Let’s assume that Ahmed worked for a private company in Kuwait for 10 years, 3 months, and 5 days. His monthly salary is 1,700 Kuwaiti dinars, and he has 7 days of unused paid vacation. What is the value of his indemnity?

• Daily salary = 1,700 KWD ÷ 26 days = 65.38 KWD
• Indemnity for the first five years = (65.38 KWD x 15) x 5 years = 4,903.5 KWD
• Indemnity for years beyond five years = (65.38 KWD x 30) x 5 = 9,807 KWD
• Monthly indemnity = (3 months ÷ 12 months) x (65.83 KWD x 30) = 493.72 KWD
• Daily indemnity = (5 days ÷ 365 days) x (65.83 KWD x 30) = 27.05 KWD
• Paid leave balance = (7 days) x 65.38 Kuwaiti dinars = 457.66 KWD
• Total indemnity = 4,903.5 KWD + 9,807 KWD + 493.72 KWD + 27.05 KWD + 457.66 KWD = 15688.93 KWD .

Conclusion

Indemnity in Kuwait after 10 years of service can be calculated manually or using calculator, In all cases, you need to know the length of service in years, months, and days, the monthly salary, and the number of unused paid vacation days.