Prepared from the official page
It is based on your last salary: half a month's pay for each of the first 5 years, and a full month's pay for each year after that.
Steps
- Find your last salary and how many years you worked.
- Count half a month's pay for each of the first 5 years.
- Add a full month's pay for each year after 5 years; part of a year counts in proportion.
- If you resigned: you get one third after 2 years, two thirds after more than 5 years, and the full amount at 10 years or more.
- It must be paid within a week after work ends, or two weeks if you resigned. If it is not paid, file an “amicable settlement” request.
Have ready:
- Your start date and end date
- Your last salary
- Why the job ended: you resigned or the employer ended it
- Your work contract
