How To Calculate Leave Gratuity In Namibia
What is Gratuity?
Gratuity is a lump sum amount paid by the employer to the employee as a token of appreciation for the services they have provided towards the company.
How To Calculate Leave Gratuity In Namibia
Leave gratuities, calculated by multiplying an official’s total number of days accrued leave by her/his annual salary on termination of service and dividing it by 365, are payable to officials whose services terminate for one of the following reasons: Retirement, death,
Frequently Asked Questions (FAQ’s)
How is leave days payout calculated in Namibia?
In Namibia, this is calculated by dividing their annual entitlement by the number of pay periods in the year: A monthly-paid employee working five days a week will be entitled to a minimum of 15 days of annual leave a year, which is calculated as 5 x 3.
What is compassionate leave Namibia?
An employee is entitled to a maximum of 5 days’ compassionate leave each year in the event of a serious illness or death of a spouse, parent, child, brother or sister or mother-in-law or father-[in-] law.
Who qualify for compassionate leave in Namibia?
An employee is entitled to take the family responsibility leave when the employee’s child is born, when the employee’s child is sick, in the event of the death of the employee’s spouse, life partner, parent, adoptive parent, grandparent, child, adopted child, grandchild or sibling
How does study leave work in Namibia?
Employees are entitled to two days’ leave per one examination paper, including the day on which the examination is written: provided that an employee is not entitled to extra days if two exams are written on the same day.
Does leave days expire in Namibia?
If the number of days in the ordinary work week are 6, the annual leave entitlement is 24 working days. It can even be taken six months after the end of the annual leave cycle as long as the employee has agreed in writing to such an extension. Every employee is entitled to full remuneration during the annual leave.
Do annual leave days expire in Namibia?
The employee is entitled to take whatever leave he has accumulated in an annual leave cycle, on consecutive days. Annual leave not taken during an annual leave cycle is automatically carried over to the next annual leave cycle, unless there exists any agreement to the contrary.
How long is maternity leave in Namibia?
According to the country’s Labour Act, after 12 months of continuous service, a female employee is entitled to four weeks of maternity leave in Namibia before the expected date of confinement and at least eight weeks of leave after the date of confinement. A medical practitioner should certify the confinement.
How is overtime calculated in Namibia?
Rate of normal overtime pay: 1.5 times the hourly basic wage for each hour of overtime worked. (d) Rate of overtime pay on a Sunday or public holiday: two times the hourly basic wage for each hour worked on a Sunday or public holiday that is not part of the employees’ normal schedule
How does annual leave work when you resign in Namibia?
If you go on paid holiday in your notice period you’re entitled to your usual wage. When you leave you’ll be paid for any holiday you have accrued but not taken, up to your first 28 days of holiday entitlement. This is called your statutory holiday entitlement.
How much does Social Security pay for maternity leave in Namibia?
Maternity benefit (social insurance): 100% of the insured’s basic earnings is paid for up to 12 weeks (four weeks before the expected date of childbirth and eight weeks after childbirth). The minimum monthly benefit is N$300. The maximum monthly benefit is N$13,000.
How long do you take off work when a parent dies in Namibia?
People normally take three to five days off of work after a death in the family. Your employee handbook should outline the number of days you’re allowed to take off of work, whether you’ll be paid during that time, and what’s expected of you as far as giving notice is concern
What is the difference between accrued leave and annual leave in Namibia?
Annual Leave Due is shown in hours and its value is based on the employee’s average pay rate. Annual Leave Accrued is an indication of what the employee will become entitled to when they reach their next employment anniversary date.
Does holiday pay count as hours worked in Namibia?
Employers do not have to count paid holidays, paid time off (PTO), vacation, personal and sick leave hours taken by an employee toward the calculation of the overtime requirement, because these hours are not actually “worked” and are therefore not considered as hours counted toward overtime under the FLSA.
How do holiday pay work in Namibia?
Holiday pay is paid for holidays, like Christmas Day, or other time worked when a business is closed or the employee is permitted to take holiday time off. In general, if you are a salaried worker, you will not receive extra pay or overtime for working on a holiday.
What happens if I don’t use my annual leave in Namibia?
However, it has generally been understood that if an employee does not use all of their holiday entitlement in a leave year, they cannot carry it over into the next year unless the employee’s contract allows for this or the employer otherwise agrees.
Is annual leave paid at a higher rate in Namibia?
The Holidays Act requires that annual holidays are paid at the rate with the greatest value to the employee – that is, the greater of: your “average weekly earnings” i.e. your total gross earnings for the previous 12 months divided by 52; and. your “ordinary weekly pay” i.e. what you are normally paid per week.
How many leave days per year in Namibia?
Employees are generally entitled to 24 consecutive days of paid annual leave.
How does study leave work in Namibia?
Employees are entitled to two days’ leave per one examination paper, including the day on which the examination is written: provided that an employee is not entitled to extra days if two exams are written on the same day.