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[-] Venator@lemmy.nz 3 points 10 months ago

Would probably say in your contract if you have any sort of severance regardless of where you live? Or is there some sort of mandatory severance in some places?

[-] xmunk@sh.itjust.works 8 points 10 months ago

In most of the developed world there is a mandatory level of severance (and companies can obviously exceed that if they want but the base amount is guaranteed). In BC it's one week after three months (the probationary period) a second week after one year and then one additional week per year up to a maximum of eight weeks.

[-] AngryCommieKender@lemmy.world 5 points 10 months ago

Happy Cakeday! ๐Ÿฐ๐ŸŽ‚

[-] xmunk@sh.itjust.works 4 points 10 months ago

Merci beaucoup!

[-] OprahsedCreature@lemmy.ml 5 points 10 months ago

In most of the developed world

Ah, so not the USA then

[-] mkwt@lemmy.world 3 points 10 months ago

Most places in the US will have nothing about severance written down anywhere, but it's very common to actually pay severance in a mass layoff situation (unless the whole business is going under).

[-] rockSlayer@lemmy.world 5 points 10 months ago* (last edited 10 months ago)

The US has the WARN Act, which requires 60 days' notice or 60 days' pay if at least 500 employees or 33% of the workplace are getting laid off (whichever is smaller). It's a threadbare legal minimum on severance, but there is a minimum.

this post was submitted on 27 Sep 2024
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