This Is How to Calculate Severance Pay

severance pay  Primary tabs Severance pay is a fee paid to an employee after an involuntary termination In most circumstances, severance pay is not required, but employers Elimination of Positions If during the severance pay period the employee finds a lower paying job at the university, the employee will receive the difference

In private school, severance pay of both Thai and foreign teacher in Thailand is governed by the Regulation of Ministry of Education on Labor Protection of  Severance pay is a form of compensation paid to an employee on the early and unwilling termination of their contract It applies when an

Unless a union contract, company policy manual, or employment contract specifically requires payment of a pre-set amount of severance pay to employees who quit To be eligible for severance pay, an employee must have completed at least 12 months of continuous service by the date of separation This continuous service