KSA – I have been working for a company for four years. I want to know how would my end-of-service benefits (ESB) be calculated if I resign now. Secondly, what is the rule for returning to Saudi Arabia to work for another company in the same or a slightly different profession? Is there a need for a no-objection certificate (NOC) for the new visa?
As you have worked here for four years the end of your contract is the expiration date of your work permit, not the period of time written in your contract. Therefore, for legal termination you must wait until the expiration date of your work visa.
The ESB is calculated on the basis of the last monthly wage (LMW), which is salary plus all other allowances. You get half of your LMW for each of the first five years of your employment. You get a proportional amount of your LMW for any incomplete year.