Labor EOSB Calculator
New Labor Benefits Calculator is LIVE in #Saudi_Arabia.
What is EOSB?
End of Service Benefits (EOSB) is a major labor right, that an employer is committed to once an employment contract has come to an end. The employer is legally bound by the Saudi legislator to pay EOSB to the employee once the employment contract is over, regardless of the fact that the employment was a definite or indefinite term contract.
Therefore, Ministry of Justice (MOJ) launched the new service, “Labor Calculator” in order to facilitate how due labor rights can be calculated in accordance with labor law and its executive regulations.
Labor EOSB Calculator Objectives
- Accelerating the pace of work and facilitating the judicial procedures handled by the labor courts
- Shortening and automating the provisions of the Labor Law and its Executive Regulations with regard to labor rights and disputes
- Ensuring the accuracy of the calculation outcomes related to labor rights
Labor EOSB Calculator Requirements
In the course of obtaining the most accurate outcomes of Labor Calculator, the user shall take into consideration the following data:
- The start and end date of the employment contract
- Basic wage
- The amount of social insurance deduction - if any
- The number of vacation days due after deducting the number of days consumed - if any
- The number of overtime hours - if any
How to access Labor EOSB Calculator?
MOJ has managed to make the Labor Calculator easily accessible by all parties involved in an employment relationship that is subject to the Saudi Labor Law; either they are nationals or expatriates.
In order to access the Labor Calculator, the user should follow the steps below:
- Visit MOJ website: www.moj.gov.sa
- Search within “Electronic Services” tab for “Labor Calculator” service
- Click on “Go to the service page” button where the Labor Calculator is located at: https://portaleservices.moj.gov.sa/LaborCalculator/LaborCalculator.aspx
- Fill out the data set forth
What makes Labor EOSB so different?
The most important features that distinguish the Labor EOSB Calculator service from the traditional methods used in the past are:
- List Item
- Accessibility from anywhere and any time
- Inclusion of the most important due labor rights
- Legal elaboration and substantiation of the source and reference of each labor right
- Piecing all legal requirements together in one single page
Conclusion
In conclusion, we believe the launch of the Labor Calculator is a huge leap in employment relationship management and labor dispute settlement in the Kingdom of Saudi Arabia.
Last but not least, in case further clarification or information is needed, please do not hesitate to contact us.