What Is Severance Pay? Definition and Why It's Offered

Severance pay is often granted to employees upon termination of employment It is usually based on length of employment for which an employee is eligible

You get the point by now: There's no set rule on this, and no law specifically sets how much severance is to be paid It all depends on

paypal สมัคร Employees working under a fixed-period employment contract are not entitled to severance pay once the contract ends The employer will only be

pay69 Severance pay varies based on an employee's contract and position, but terminated employees commonly receive one to two weeks of severance pay