end of service benefit (4)

Understanding the Importance of the End of Service Benefit

The End of Service Benefit (EOSB) is a significant aspect of employee compensation, especially in countries where labor laws mandate its inclusion as part of the employment contract. For employees, it...
05 December ·
2
· 10 · Mithras Consultant

Understanding End of Service Benefits, Actuarial Valuation, and Reinsurance Premium Calculation

In today’s competitive landscape, businesses must adopt financial strategies that ensure stability and sustainability. Critical among these are End of Service Benefit, Actuarial Valuation, and Reinsur...
28 November ·
3
· 6 · Mithras Consultant

Actuarial Valuation of End-of-Service Benefit: An In-Depth Guide for Businesses

Actuarial valuation of end-of-service benefits is essential for businesses managing employee obligations. As companies grow, many times, they face obligations related to retirement benefits, gratuity...
21 November ·
3
· 6 · Mithras Consultant

Different Termination Scenarios Which Affect Entitlement of End of Service Benefits

End of service benefit (EOSB) are a crucial part of employee compensation, especially in regions like the Middle East, where they are legally required. These benefits provide employees with financial...
14 November ·
4
· 7 · Mithras Consultant