Q.What types of allowances are Lebanese bank employees entitled to under Lebanon labor law?
Lebanese bank employees are entitled to various allowances, including family allowances, education scholarships, transportation allowances, and maternity benefits, as stipulated in the Collective labor Agreement.
Q.Is there a family allowance provided to married employees or those with children under Lebanon law?
Yes, Lebanon law mandates family allowances for employees with children, with specific amounts varying based on the child's education level and age, as outlined in the Collective labor Agreement.
Q.Do employees receive a transportation allowance in addition to their salary under Lebanon labor law?
Yes, Lebanon labor law provides for a transportation allowance, which was increased from LL 250,000 to LL 450,000 per day for the private sector, effective from 15 February 2024.
Q.What is the education allowance, and who is eligible to receive it under Lebanon law?
The education allowance under Lebanon law offers financial support for employees' children attending various educational institutions, with amounts differing based on the type of school or university, as detailed in the Collective labor Agreement.
Q.Is there a maternity bonus provided to female employees under Lebanon labor law?
Yes, Lebanon labor law provides maternity benefits to female employees, including paid maternity leave and associated bonuses, as specified in the Collective labor Agreement.
Q.Are marriage bonuses or financial gifts mandated under Lebanon's labor agreement?
Yes, the Collective labor Agreement mandates marriage bonuses for employees upon marriage, with specific amounts and conditions outlined in the agreement.
Q.What is the cashier’s indemnity, and who qualifies for it under Lebanon law?
The cashier’s indemnity under Lebanon law is a financial benefit provided to employees handling cash transactions, qualifying those in relevant positions as defined in the Collective labor Agreement.
Q.Are employees provided with a uniform allowance or clothing compensation under Lebanon labor law?
Yes, Lebanon labor law provides for a uniform allowance or clothing compensation for employees required to wear uniforms, with specifics detailed in the Collective labor Agreement.
Q.Can an employee receive multiple allowances simultaneously under Lebanon law?
Yes, under Lebanon law, employees can receive multiple allowances simultaneously, provided they meet the eligibility criteria for each, as outlined in the Collective labor Agreement.
Q.Are these bonuses and allowances guaranteed or subject to employer discretion under Lebanon labor law?
These bonuses and allowances are guaranteed under Lebanon labor law and the Collective labor Agreement, and employers are obligated to provide them; they are not subject to employer discretion.
