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Privateer
Joined: 31 Aug 2005
Location: Easy Street.
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 Posted: Thu Sep 22, 2011 5:38 am Post subject: Do I still get severance? |
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Posting this on behalf of a friend:
Are you legally entitled to severance pay even if you signed a contract with a clause saying you agree to give it up? Hopefully someone out there has experience with this situation. |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Thu Sep 22, 2011 5:46 am Post subject: Re: Do I still get severance? |
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| Privateer wrote: |
Posting this on behalf of a friend:
Are you legally entitled to severance pay even if you signed a contract with a clause saying you agree to give it up? Hopefully someone out there has experience with this situation. |
Yes. Severance pay is mandatory under Korean Labor Law. Such a clause would be illegal and null and void. Of course that depends on whether your friend has finished an entire year and was working legally all that time. |
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