5,000 at the conclusion of your employment with the Higher Colleges of Technology. End of service gratuity at the conclusion of employment with the Higher Colleges of Technology. One month s salary for every year of continuous service paid in a lump sum. The end of service gratuity is based on the salary in the last year of the contract. Participation in a group medical and life insurance scheme.
Participation is mandatory for medical and optional for life insurance.
Premium is paid through salary deduction. The term of the contract is three years, renewable for an additional three years.