Redundancypay is owed when an employee has been made redundant because their job is not required by business anymore due to changes or bankruptcy. Redundancy pay is a form of severance pay. Some examples of why redundancy occurs is when new technology is introduced, the business closes or relocates, there is restructuring or the profits have
Employmentcoach Judy Feld recommends avoiding negative terms outright — including the word “severance” itself — until an offer is made. She suggests negotiating an agreement as part of
10Jul 2012. #2. A redundancy exists when a position is being let go (so total headcount is lower). A person is entitled to redundancy pay if they are being made redundant and have worked there for at least 2 years. Redundancy payments are tax free. Severance pay can be paid in any case where someone is leaving a job (by their own choice or
ReemploymentDuring Severance Pay Period. If employees are reemployed at Brandeis in any capacity during the severance pay period, severance pay ceases upon the effective date of the change. If the individual is hired into a lower-paying position, the new pay will be offset by severance pay for the remainder of the length of the severance pay
SEVERANCEtranslate: 資遣費，遣散費, （聯繫、關係等的）斷絕，中斷;分離. Learn more in the Cambridge English-Chinese traditional Dictionary.
Onthis page you'll find 3 synonyms, antonyms, and words related to severance pay, such as: discontinuance wage, dismissal wage, and golden parachute.
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another word for severance pay
