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Severence pay:: how long till you get it?

 
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minos



Joined: 01 Dec 2010
Location: kOREA

PostPosted: Thu Feb 09, 2012 9:39 am    Post subject: Severence pay:: how long till you get it? Reply with quote

So I'm finishing my contract at an after school program next month.

I'm a bit worried that if I leave the country my severence and last pay check just might "not" arrive. I applied in Korea so I'm not having a paid plane ride.

I haven't encountered anything shady in pay with my company and their accounting department always paid on time(and is separate) in monthly intervals, but I'd rather be safe.

Should I extend my visa and stay here for 1-2 more weeks just to make sure I don't get stiffed? How long does a labor board dispute take? Will I have to be here in Korea for months or can someone represent me after I file?
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YTMND



Joined: 16 Jan 2012
Location: You're the man now dog!!

PostPosted: Thu Feb 09, 2012 3:28 pm    Post subject: Reply with quote

Quote:
I'm a bit worried that if I leave the country my severence and last pay check just might "not" arrive.


If they aren't going to pay your severance before you leave, then what makes you think they will pay your last month's salary? I would try to get all that is owed before you leave. Sit down with them and know now while you are in Korea what they are going to do. If they are going to pay without any problems, then they might as well pay you before you leave. If they make up excuses not to pay you before you leave, forget seeing any of that money.

Quote:
I applied in Korea so I'm not having a paid plane ride.


That doesn't mean they don't owe you a flight home. Applying in Korea means you don't need a flight to Korea. However, I would be surprised if your contract didn't say something about a return flight. Get the contract out and see.

Don't be so cavalier about these issues. If you let them save severance, airfare, and possibly your last month's pay, then you are out 3-5,000 dollars.

How about the pension funds? Did you go to the pension office to make sure your money is there?

Quote:
Should I extend my visa and stay here for 1-2 more weeks just to make sure I don't get stiffed?


First, find out when the school will pay. You can always make things more complicated and play visa games, but why? Get your money NOW and move if that is what you want. No need to do more when a little firm talking with the school might establish a mutual exit arrangement.

Quote:
Will I have to be here in Korea for months or can someone represent me after I file?


Same as the visa issue. There is no need to go to these lengths if you can establish a mutual exit arrangement.

Don't talk to us, talk to the school. Find out what they are willing or unwilling to do first.
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ttompatz



Joined: 05 Sep 2005
Location: Kwangju, South Korea

PostPosted: Thu Feb 09, 2012 3:41 pm    Post subject: Reply with quote

Labor law says they have to pay it out within 14 days of the termination of your contract.

Labor law says they have to pay all outstanding money within 14 days.

A labor tribunal, if it should come to that, can take up to 6 months to resolve.
They won't even consider the case until 14 days AFTER the termination of employment.

Yes, you can appoint an agent to act on your behalf in your absence.

.
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randall020105



Joined: 08 Apr 2008
Location: the land of morning confusion...

PostPosted: Thu Feb 09, 2012 4:10 pm    Post subject: my 5 cents... Reply with quote

I got mine 2 months before my contract ended... whenever they ask you if things are still ok??, take that as your cue to say whatever you need - including when exactly you need your stuff paid.
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wallythewhale



Joined: 12 Mar 2009

PostPosted: Sun Feb 12, 2012 4:14 pm    Post subject: Reply with quote

ttompatz wrote:
Labor law says they have to pay it out within 14 days of the termination of your contract.

Labor law says they have to pay all outstanding money within 14 days.

A labor tribunal, if it should come to that, can take up to 6 months to resolve.
They won't even consider the case until 14 days AFTER the termination of employment.

Yes, you can appoint an agent to act on your behalf in your absence.

.


Yes. They usually just ask for you to sign a few pieces of paper and then you're set. I got mine within a week of my last job. Painless process IF your school is legit.
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