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new contract-new related law severence

 
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Vetter



Joined: 12 Oct 2010

PostPosted: Sat Jan 08, 2011 3:03 pm    Post subject: new contract-new related law severence Reply with quote

My school sent me a new updated contract. They pointed out the changes of which I was fine. I just caught a new clause that I didn't see.

the first contract stated I would get a severence in the amount of my last month's pay.

This new contract says i will get a severence according to the related law.

Has anyone experienced this? Am I better or worse off? What is the "related law?"
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thegadfly



Joined: 01 Feb 2003

PostPosted: Sat Jan 08, 2011 4:41 pm    Post subject: Reply with quote

I thought that the severance was supposed to be the average of your last three months' pay -- if you do not work overtime, then it is a basic month's salary, but if you worked overtime in those three months, the average would be a little (or a lot, depending on overtime) more than a basic month's pay....
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Vetter



Joined: 12 Oct 2010

PostPosted: Sun Jan 09, 2011 3:07 pm    Post subject: Reply with quote

Thanks! I read in another link that the severence pay is an average, quite possible the last three month average. I just got tripped up when they changed this clause in my contract. i think it is better now.
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