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Apr 28, 2024 · Severance pay is the compensation and/or benefits an employer provides to an employee after employment is over. Learn why employers offer severance, what it includes, and how it affects unemployment benefits and taxes.
Learn about the conditions, rights, and benefits of separation pay or severance pay in the Philippines. Find out who is entitled, how to calculate, and what to do if you are dismissed from your job.
A severance pay refers to the compensation an employer pays an employee who was terminated for certain authorized causes. It is sometimes referred to as "redundancy pay," but is more commonly known as "separation pay". This compensation softens the blow for the employees.
Nov 14, 2023 · Learn what separation pay or severance pay is, when you can get it, and how to compute it if you are terminated from work due to authorized causes. See examples and guidelines for different reasons for termination and basic monthly pay.
Apr 14, 2024 · Learn about separation pay, an additional pay given to employees who are separated from their employment due to authorized causes. Find out the legal basis, computation, and different kinds of separation pay under the Labor Code, jurisprudence, and DOLE regulations.
Oct 16, 2023 · Learn what severance pay is, why employers offer it, how it's calculated and whether it's taxable. Find out how to negotiate a severance package and what to do if you receive one.
Jun 6, 2024 · Learn what a severance package is, how to negotiate it, and what to include in it. Find out how severance pay, insurance coverage, outplacement, and other benefits can ease the financial and emotional impact of job loss.
