Saudi Binladin Group End of Service Benefits

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Saudi Binladin Group is a leading construction company in Saudi Arabia. If you are working in Saudi Binladin Group. After completing several years of service, you will get Saudi Binladin Group End of Service Benefits. The amounts are different based on some conditions. This might be applied to the other Saudi companies also. This is useful if you want to decide when will you end your service in your Saudi Company.

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Saudi Binladin Group End of Service Benefits Condition 1 (under 2 years)
If an employee resigns before finishing working in Saudi Company in 2 years, the employee will not get the End of Service Benefits

Saudi Binladin Group End of Service Benefits Condition 2 (2-5 years)
If an employee resigns after working for 2-5 years, the employee will get 1/3 of his half basic salary, multiplied by the year. If the employee’s basic salary is 3400 and he is working for 3 years, he will get (3400/2)x(1/3)x3 = 1700.

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Saudi Binladin Group End of Service Benefits Condition 3 (5-10 years)
If an employee resigns after working for 5-10 years, the employee will get 1/2 of his basic salary, multiplied by the year. If the employee’s basic salary is 3400 and he is working for 8 years, he will get 3400x(1/2)x8 = 13600.

Saudi Binladin Group End of Service Benefits Condition 4 (more than 10 years)
If an employee resigns after working for more than 10 years, the employee will get his basic salary, multiplied by the year. If the employee’s basic salary is 3400 and he is working for 12 years, he will get 3400x(1)x12 = 40800.

I have to tell you that the conditions above can be different times to times. The better way to know the most updated is to go the HR department and ask about this. If you find something not matched, please submit your comments. I hope this information useful for you. For more updates, please subscribe or you might want to read the following informations :

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11 Responses

  1. Yousaf Khan says:

    In condition 2. Bin-laden is giving benefits by this formula….basic salary 3400 . half of basic salary 1700 and multiply it by 1/3.As for 3 years Benefits =(3400/2)x(1/3)x3=1700

  2. Yousaf Khan says:

    Welcom

  3. attaufik says:

    do you have any idea for other company?
    or this formula are same for other company in KSA?

  4. Muhammad ishfaq says:

    My service 7 years complete my basic sallery is 1300 company terminate me how much my end of service benefits

    • Bro,

      5x1300x0.5 = 3250
      2×1300 = 2600

      Your benefit is approximately 5850.

      If you are terminated, you will get 1 basic salary, so it will be 7150.

      Try to confirm your HR Officers about this.
      I hope this is useful.

    • my service also 5 years complete then my basic salary 1100 not including the airplane ticket also the food allowance and i resign to the company during this company all staff or employee was exit how much my end of service

  5. salamualaikom someone to help me about calculation end of service from this company i’m 5 years working in sbg company how can i calculate ????

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