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BackRow
Joined: 28 Jul 2010
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Posted: Sun Feb 23, 2014 2:12 am Post subject: Severence when renewing |
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| I'm about a week away from the end of my contract and the start of my new one, but I'm unsure of how severence works in this case. Are you supposed to receive it at the end of a contract regardless of renewing, or only when you stop working for a company? |
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schwa
Joined: 18 Jan 2003 Location: Yap
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Posted: Sun Feb 23, 2014 2:34 am Post subject: Re: Severence when renewing |
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| BackRow wrote: |
| ...or only when you stop working for a company? |
Thats correct. By law. |
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nicwr2002
Joined: 17 Aug 2011
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Posted: Sun Feb 23, 2014 3:18 am Post subject: Re: Severence when renewing |
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| BackRow wrote: |
| I'm about a week away from the end of my contract and the start of my new one, but I'm unsure of how severence works in this case. Are you supposed to receive it at the end of a contract regardless of renewing, or only when you stop working for a company? |
Only when you stop working for the company. Other people can correct my if I'm work, but after your first year your severance is calculated monthly. So, for example, if you quit after a year and 6 months, you are entitled to a year and 6 months severance. |
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