Extra severance pay and more benefits for employees in Thailand in

severance pay  Under the Fair Work Act, permanent employees are entitled to redundancy pay when their job is made redundant (their The meaning of SEVERANCE PAY is an allowance usually based on length of service that is payable to an employee on termination of employment

Severance pay is the amount a company pays to its employees after completion of employment It is optional and not mandatory for the employer unless it is  Service pay is payable upon the termination of a contract of service The law does not specify the terms of service pay therefore this

contract in case of severance payment, and not less than 7 days before the expiry of the fixed term contract in case of long service payment, the employer Severance pay ; Service years with employer, Rate of severance payment ; 120 days to 1 year, The last 30 days' wage ; 1 year to 3 years, The last