severance pay Wex US Law

What is Severance Pay? A Guide for HR During Layoffs severance pay 1 Wages Employers must pay all salary earned by an employee until their termination date Severance is compensation paid in addition to any wepay In the event that these conditions are met, the employee is entitled to an “automatic” severance payment This entitlement is calculated at half a month's

paypal ไทย In that case, mandated severance pay can have allocative effects Specifically, we expect severance pay to reduce both layoffs during recessions and new hiring