Navigating Employee Final Settlements: Are There Additional Legal Benefits?

Ramesh,

Employee Final And Full Settlement:
1. Leave Salary
2. Gratuity
3. Security Deposit, if any

Are there any other benefits eligible as per the law? Enclosed is the final settlement format. Please enter the information in the green color column; automatic calculations will be done.

Please refer to it and let me know.

Srikanth

Srikanth, could you please provide more details about your company's nature so that I can offer you relevant information? Also, I would like to make you the chief sponsor for the next meeting regarding these consultations.

Employee Final And Full Settlement:
1. Leave Salary
2. Gratuity
3. Security Deposit, if any

Are there any other benefits eligible as per the law? Please refer to the enclosed final settlement format. Kindly enter the information in the green color column, and automatic calculations will be done. Please review and let me know.

Ramesh

Ramesh,

Nature of business - Flexible Packaging Industry (Manufacturing unit) in Dubai. We handle both Dubai VISA and Free Zone VISA.

Regards,
Srikanth

Ramesh,

Nature of business - Flexible Packaging Industry (Manufacturing unit) Dubai VISA and Free Zone VISA

Regards Srikanth

Srikanth, a quick comment on the benefits: Only Leave Salary and Gratuity come into relevance in the UAE as there is no official system of collecting a Security Deposit. Regarding other benefits, an Air Ticket to the home country will come into prominence if the employee is terminated, and again if he resigns (a pro-rata basis ticket allowance is given). Nothing more. Of course, any other deductions such as allowances utilized like housing, furniture (again on a pro-rata basis until the time of exit), deductions on utility expenses, etc., will have to be taken care of. Here again, it will depend on the grade of the employee and benefits offered and availed.

Regards, Ramesh Menon