EOSB

English translation: End of Service Benefits

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:EOSB
Selected answer:End of Service Benefits
Entered by: David Russi

03:57 Jan 22, 2008
English language (monolingual) [PRO]
Bus/Financial - Law: Taxation & Customs / EOSB
English term or phrase: EOSB
Wat exactly does it mean by EOSB.
Priyadarshini
End of Service Benefits
Explanation:
Possibly

http://acronyms.thefreedictionary.com/EOSB

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Note added at 7 days (2008-01-29 04:59:22 GMT) Post-grading
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They are the benefits payable at the end of an employee's service:

http://www.thepeninsulaqatar.com/law.asp?section=Local_News&...
End-of-service benefits, the law says, will be payable in cases where the employee has worked for a period of one year or more. Such end-of-service benefits have to be agreed upon by the two parties and should not be lower than three weeks salary for every year of service and shall be paid according to the period of work. The last basic salary drawn will be taken as the yardstick for calculating the end-of-service benefits.

http://www.mol.gov.ae/documents-en/guide10-en.pdf
The worker, who has completed one year or more in the continuous
service, is entitled to the end of service benefit at the end of his/her
service. Days of absence from work without pay are not included in
computing the period of service, & the benefit is to be calculated as
follows...
Selected response from:

David Russi
United States
Local time: 04:48
Grading comment
It was of nice help to me. If you could have give explanation it would be of more help to me.
3 KudoZ points were awarded for this answer



SUMMARY OF ALL EXPLANATIONS PROVIDED
3 +5End of Service Benefits
David Russi


Discussion entries: 1





  

Answers


3 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +5
eosb
End of Service Benefits


Explanation:
Possibly

http://acronyms.thefreedictionary.com/EOSB

--------------------------------------------------
Note added at 7 days (2008-01-29 04:59:22 GMT) Post-grading
--------------------------------------------------

They are the benefits payable at the end of an employee's service:

http://www.thepeninsulaqatar.com/law.asp?section=Local_News&...
End-of-service benefits, the law says, will be payable in cases where the employee has worked for a period of one year or more. Such end-of-service benefits have to be agreed upon by the two parties and should not be lower than three weeks salary for every year of service and shall be paid according to the period of work. The last basic salary drawn will be taken as the yardstick for calculating the end-of-service benefits.

http://www.mol.gov.ae/documents-en/guide10-en.pdf
The worker, who has completed one year or more in the continuous
service, is entitled to the end of service benefit at the end of his/her
service. Days of absence from work without pay are not included in
computing the period of service, & the benefit is to be calculated as
follows...

David Russi
United States
Local time: 04:48
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in category: 7
Grading comment
It was of nice help to me. If you could have give explanation it would be of more help to me.

Peer comments on this answer (and responses from the answerer)
agree  Jack Doughty: Also in Acronym Finder
3 hrs
  -> Thanks!

agree  ErichEko ⟹⭐
4 hrs
  -> Thanks!

agree  Paula Vaz-Carreiro: Without more context, this seems right.
5 hrs
  -> Thanks!

agree  V_Nedkov
13 hrs
  -> Thanks!

agree  Alfa Trans (X)
7 days
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