Thai Severance Pay Entitlement
severance pay 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 เงินชดเชยเมื่อถูกให้ออกจากงาน เช่น Is there a law that requires employers to provide severance pay?, See also: on the basis of length, Syn compensation for loss
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 Most organizations choose to give around four weeks' pay for each year the person has been employed (so someone who has worked there for three years would get
Workers must receive one month's pay for each year they have worked for the company However, in some circumstances, such as with generous pay Requirements The Act requires an employer to make a compensation payment called a severance payment to an employee who is dismissed because of redundancy and