How to prepare Severance Pay in Ethiopia?

Severance Pay
- Analyze how many service year the employees give to the organization it must be
greater than five years.
- Take last gross salary in order to calculate severance pay amount.
- Give full months last salary for the first year ,for the remaining 1/3 of basic salary
until service year lasts.
- Once you get the total amount divide by last basic salary to get how many months of
severance payment which is not exceed 12 months.
- Calculate employees income tax for the last gross salary and multiply by no of months
for which the total severance payment earned

[@bethelehemtedele9127]

Thank you Dear instructor stag blessed

[@virtualethiopia6869]

You are welcome

[@deboamare5171]

Yes it is clear !!

[@ibrahimseyfu6133]

really awsome. 🙏🙏🙏🙏🙏🙏

[@virtualethiopia6869]

Thanks a lot 😊

[@samrinahaile3224]

thank you it helps a lot. would you mind to show us how to calculate severance for 3 month and after

[@merydesta3592]

Thanks

[@alibedawi7165]

Keep it up

[@hayunamama3216]

Thank you

[@virtualethiopia6869]

Welcome!

[@KefyalewTiruneh-jh8rf]

thanksso mach

[@berhanukebede5763]

Very Good Work On You Tube You Will get More Subscriber

[@leulman1329]

thank you so much I apprecaite it keep it up but I dont get the proclamention how do I get it

[@mekonengmichaelmerid2445]

GOOd lesson ,but the severance for the last year or 158 days is 3895 not 1298.63 10q

[@Diamond21192]

የአመት ፈቃድን ወደ ገንዘብ እንዴት እንደሚቀየር አሳየን?????

[@haylkaltemsgen4153]

it is good but increase your voice please

[@ethiopiaethiopia2796]

Thankyou! ከ 5 ዓመት በታች ሰርቶ በራሱ ፍቃድ የለቀቀ severance ይከፈለዋል?

[@feidubeyan7700]

ሰራተኛው ስራውን በፍቃዱ ቢለቅ የአገልግት ያገኛል?

[@asalfgetachew249]

ke 5 amet ena keza belay kehone yagegnal

[@fikadubaysa5887]

9 አመት ከ 6 ውስጥ የከፈለ የግል ስራተኛ የከፈለው ምን ይሕሆናል

[@fikadubaysa5887]

Please give me an information about a person who pay for 9 years and 6 months in a private sector