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1-month salary for employees with seniority of less than 2 years (with given employer); 2-months salary for employees with seniority of 2 – 8 year (with given employer); 3-months salary for employees with seniority of more than 8 years (with given employer). Maximum severance is limited with a 15 x statutory minimum salary. [36]
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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 ...
PYR, meaning Per Your Request. The recipient is informed that the sender is replying to a previous email in which they were given a task. QUE, meaning Question. The recipient is informed that the sender wants an answer to this e-mail. RB, meaning Reply By. Used with a time indicator to inform the recipient that the sender needs a reply within a ...
Regarding Social Security, there's a little-known rule that can greatly impact your monthly benefits: your payments are calculated based on your 35 highest-earning years. If you haven't worked a ...
The labour law concept of leave, specifically paid leave or, in some countries' long-form, a leave of absence, is an authorised prolonged absence from work, for any reason authorised by the workplace.
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
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