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A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwilfully. In addition to their remaining regular pay, it may include some of the following: Any additional payment based on months of service. Payment for unused accrued PTO vacation time, holiday pay or sick leave unless ...
Layoff. Not to be confused with Degrowth or Shrinkage. A layoff[ 1 ] or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) [ 2 ] for business reasons, such as personnel management or downsizing (reducing the size of) an organization.
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Constructive dismissal. In employment law, constructive dismissal, also called disguised dismissal, [ 1 ]constructive discharge or constructive termination, occurs when an employee resigns due to the employer creating a hostile work environment. This often serves as a tactic to avoid payment of statutory severance pay and benefits.
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Since 1980 in California the CPI has generally been lower than 5%. [82] Examples of rent control ordinances using CPI as an index: Oakland, Mountain View, Richmond. [83] In San Francisco the SFRO limits annual increases to the lesser of 60% of the CPI or 7% of existing rent. [84] Similarly, the Berkeley Rent Board allows an annual increase of ...