| View previous topic :: View next topic |
| Author |
Message |
Kimchi Cowboy
Joined: 17 Sep 2006
|
 Posted: Tue Jan 22, 2008 10:58 pm Post subject: 10-Month Contracts & Severance Pay |
 |
|
| Is an employee still entitled to their end-of-contract severance if they are under a 10-month contract? |
|
| Back to top |
|
 |
boyne11
Joined: 08 Jul 2007
|
| Posted: Tue Jan 22, 2008 10:59 pm Post subject: |
|
|
| NO. |
|
| Back to top |
|
|
Kimchi Cowboy
Joined: 17 Sep 2006
|
| Posted: Wed Jan 23, 2008 12:34 am Post subject: |
|
|
Bold and succinct. Thank you for that.
Now, can you back that up with something a little more... meaty? |
|
| Back to top |
|
|
ttompatz
Joined: 05 Sep 2005
Location: Kwangju, South Korea
|
| Posted: Wed Jan 23, 2008 12:45 am Post subject: |
|
|
| Kimchi Cowboy wrote: |
Bold and succinct. Thank you for that.
Now, can you back that up with something a little more... meaty? |
Look at article 34 of the labor standards act.
A copy of the LSA is in the sticky's at the top of this forum.
Article 34 (Severance Pay System)
(1) An employer shall establish a severance pay system whereby an average wage of more than 30 days shall be paid for each year of consecutive years employed as a severance pay to a retired worker; however, if the worker was employed for less than one year, this shall not apply.
. |
|
| Back to top |
|
|
Kimchi Cowboy
Joined: 17 Sep 2006
|
| Posted: Wed Jan 23, 2008 1:30 am Post subject: |
|
|
...and that's what I was looking for. Funny, the version of the LSA I got from the MOLAB site was dated 1997 and is different from the one above.
Thank, Ttompatz. |
|
| Back to top |
|
|
kprrok
Joined: 06 Apr 2004
Location: KC
|
| Posted: Wed Jan 23, 2008 3:26 am Post subject: |
|
|
you may not be entitled to it by law, but if it's in your contract that you'll get your severance pay, you should get it. Check your contract for what it says.
KPRROK |
|
| Back to top |
|
|
yingwenlaoshi
Joined: 12 Feb 2007
Location: ... location, location!
|
| Posted: Wed Jan 23, 2008 4:44 am Post subject: |
|
|
Funny. I always thought that these kinds of things explained themselves.
Work one year get severance. Not work one year not get severance. Have contract that say give severance at finish date get severance. Like you work 6 months we give severance. You work 10 months we give severance.
No severence because not one year get side deal and put in contract. Not in contract forget. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
