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Severance package


A severance package is pay and benefits an employee receives when he or she leaves ... In the United Kingdom Labour Law provides for Redundancy Pay.

Severance Pay | United States Department of Labor


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 ...

Severance Pay Laws: Does It Make Sense to Offer Severance Pay ...


In a majority of situations, severance pay laws do not require employers to offer severance packages to terminated employees -- but it could make sense to do it.

Is There a Right to Severance Pay? - Law Firm Greenfield Stein ...


That is, there is no law which states that employers must provide severance pay to employees who are being laid off. Instead, severance is voluntary on the part ...

For example, it could be a week's pay for every year or service or a flat amount based on six weeks pay, or any other amount determined by the employer. There is no requirement in the Fair Labor Standards Act (FLSA ) for severance pay. Caitlyn was paid a week's salary... More »
By Alison Doyle, About.com Guide

OSBA | Employers Are Not Required to Provide Severance Pay


​Q: Is there a law that requires employers to provide severance pay? A: No. An employer has no obligation to provide severance pay. The only benefit that ...

Know the Details of Your Severance Package - Lawyers.com


You may be surprised to learn that no law requires employers to offer severance to all departing employees. However, a few states do require employers to pay ...

Severance Pay


Severance pay that is promised in a written policy or other form of agreement is an enforceable part of the wage agreement under the Texas Payday Law.

Friday's Five: Five answers to common questions about severance ...


Oct 17, 2014 ... Severance pay is not required under California law. However, employers who have potential disputes with employees that are leaving ...

Should You Offer Severance Pay? | Nolo.com


If you decide to pay severance, the most important rule is to be consistent. ... Although a federal law called the Consolidated Omnibus Budget Reconciliation Act ...

Popular Q&A
Q: Florida Severance Pay Laws.
A: Losing a job in Florida can lead to financial hardship. The web site moneyrates.com ranked Florida in the bottom half of all U.S. states in terms of cost of liv... Read More »
Source: www.ehow.com
Q: Federal Law for Severance Pay.
A: Severance pay is a form of additional financial compensation that an employer pays to an employee upon terminating his employment. By taking the severance pay, ... Read More »
Source: www.ehow.com
Q: Employment Law. /. Severance Pay.
A: If your written severance agreement attests that you should be paid your normal salary until the end of January 2011, then this is what the employer had agreed ... Read More »
Source: en.allexperts.com
Q: Employment Law. /. Severance Pay.
A: In lieu of notice pay is given to employees when they are terminated.  It is in exchange for not giving the employee two weeks notice before he is out of work. ... Read More »
Source: en.allexperts.com
Q: Is it against the law to garnish severance pay?
A: No it's not against the law to garnish severance pay.There is nothing to support that idea but it can vary in each state.! Read More »
Source: www.chacha.com