Severance Pay: What it is and How it Works

severance pay  Severance Pay is the compensation that an employer provides to a laid off or terminated employee Visit our FAQ section for more information  For example, if an employee received a severance payment of 450 000 baht, the first 300 000 baht will be exempted from tax payment and the remaining 150 000

Most organizations choose to give around four weeks' pay for each year the person has been employed (so someone who has worked there for three years would get Considering that senior staff typically have a much longer notice period , a severance pay package may pay them out in part or in

เงินชดเชยเมื่อถูกให้ออกจากงาน เช่น Is there a law that requires employers to provide severance pay?, See also: on the basis of length, Syn compensation for loss Severance pay varies based on an employee's contract and position, but terminated employees commonly receive one to two weeks of severance pay