Contract termination calculator with compensation under Article 77

What is meant by terminating the contractual relationship with compensation according to Article 77? And what is arbitrary dismissal in the private sector? It can be said that recently there has been an increase in cases of arbitrary dismissal of workers and employees in the private sector. This is due to many employers and officials resorting to working with Article 77, which is specific to the new labor system in the Kingdom of Saudi Arabia. The number of Saudi employees being dismissed from private companies has significantly increased, according to recent statistics. The results of labor statistics confirmed an increase in the termination of the contractual relationship with compensation according to Article 77 in the private sector during the period from the beginning of the month of Muharram in the year 1437 AH. This is because this particular month was when this system, the new labor system in the Kingdom, was approved. Regarding the model calculator for terminating the contractual relationship with compensation according to Article 77, in this article on our website, we present a model calculator to determine end-of-service benefits if the contract is terminated by the employer and compensation is provided according to Article 77 of the new labor system in Saudi Arabia. Explanation of Article 77 of the new labor system in the Kingdom Article 77 of the new labor system in the Kingdom states that the affected party, the employee, has the right to receive compensation if the employer, the first party, terminates the employment contract between them, and if the reason is unlawful. If the amount of compensation has been specified and stated in the employment contract, it is to be followed. If the parties do not agree on the compensation and it is not included in any clause of the employment contract, then the following applies: The employee is entitled to receive wages for 15 days for each year of service, especially if the contract is indefinite. The employee must receive the remaining wages for the remaining period of the fixed-term contract if the contract is predetermined. The compensation should not be less than the wages for two months, as indicated in the previous two paragraphs of Article 77. What are the components of this model? This model helps facilitate the work of employees in the human resources department within organizations and private companies. It also helps in knowing the average cost of terminating contracts with employees by the employer. This Excel model consists of a table that includes: the employee’s joining date, end date of employment, monthly salary, leave balance, unpaid wages, and many other elements… Download the end-of-contract calculator with compensation according to Article 77 directly and for free: You can download the Excel model of the termination calculator provided by our website. In other words, to make the download process easier and faster, and you can modify this model easily—simply request and download the model.