Understanding notice pay and severance

severance pay  Severance pay The University shall grant severance pay to personnel in case of employment termination or dismissal by the University in proportion to their Summary There are no state or federal laws regarding severance pay Organizations might consider implementing severance pay agreements to

In private school, severance pay of both Thai and foreign teacher in Thailand is governed by the Regulation of Ministry of Education on Labor Protection of  SEVERANCE definition: 1 money paid by an employer to an employee whose job the employer has had to bring to an end: 2… Learn more

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 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