Document background
The Private Company Termination Policy serves as a crucial governance document for organizations operating in Saudi Arabia, establishing standardized procedures for handling employment terminations in accordance with Saudi Labor Law and related regulations. This document becomes necessary when companies need to ensure consistent, fair, and legally compliant handling of employment terminations, whether through resignation, retirement, or company-initiated separation. The policy encompasses all aspects of the termination process, from initial notification to final settlement, incorporating requirements specific to Saudi jurisdiction such as end-of-service benefits calculations and mandatory documentation. It helps organizations maintain compliance while minimizing legal risks and ensuring fair treatment of employees during the termination process.
