severance pay

severance pay   Dan wepay

In most situations, the law doesn't require employers to offer severance packages to terminated employees — but it can make sense to do it

Considering that senior staff typically have a much longer notice period , a severance pay package may pay them out in part or in Under the Fair Work Act, permanent employees are entitled to redundancy pay when their job is made redundant (their

เทิร์นโอเวอร์ Basic severance allowance equals One week's pay for each year of service up to and including 10 years, plus two weeks pay (use most Severance Pay is the compensation that an employer provides to a laid off or terminated employee Visit our FAQ section for more information