severance pay
What is Severance pay?
To be eligible for severance pay, an employee must have completed at least 12 months of continuous service by the date of separation This continuous service
The special severance pay is paid at the employee's current wage and is equivalent to 15 days' pay for every year of employment The total What is a severance package? A severance package extends a monetary payment to an outgoing employee or group of employees, typically when they are terminated
ace333ดาวน์โหลด Context of Payment: Termination pay is linked to the absence of adequate termination notice, whereas severance pay relates to recognizing long-term service and Yes, an employee generally still receives severance even if they find a new job right after being laid off It is considered a part of the employee's