What Employees Should Know About Severance Packages

If you've been terminated or permanently laid off from a long term job your employer may offer you severance pay, also called a separation package

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

paypal ไทย Severance pay varies based on an employee's contract and position, but terminated employees commonly receive one to two weeks of severance pay

severance Context of Payment: Termination pay is linked to the absence of adequate termination notice, whereas severance pay relates to recognizing long-term service and