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  2. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Severance pay in Luxembourg upon termination of a work contract becomes due after five years' service with a single employer, provided the employee is not entitled to an old-age pension and the termination is due to redundancy, unfair dismissal, or covered in a collective labor agreement. [32]

  3. Preferential creditor - Wikipedia

    en.wikipedia.org/wiki/Preferential_creditor

    The courts will allocate a designated amount of money to pay for the cleanup efforts. [2] In the United Kingdom, employees' holiday pay/wages are classed as preferential – if they are paid via redundancy payments fund then the Department of Employment becomes a secured creditor. If there is a shortfall, in those cases where someone earns in ...

  4. Lesney Products & Co v Nolan - Wikipedia

    en.wikipedia.org/wiki/Lesney_Products_&_Co_v_Nolan

    Lesney Products & Co removed its night shift and divided its day shift into two. The company still produced the same amount of products (even though demand had fallen) but it was no longer giving overtime to its workers. Employees who saw their wages drop by a third refused to work on the new day shift. They were dismissed and they claimed ...

  5. Layoff - Wikipedia

    en.wikipedia.org/wiki/Layoff

    The redundancy compensation payment for employees depends on the length of time an employee has worked for an employer which excludes unpaid leave. If an employer can't afford the redundancy payment they are supposed to give their employee, once making them redundant, or they find their employee another job that is suitable for the employee.

  6. Pay in lieu of notice - Wikipedia

    en.wikipedia.org/wiki/Pay_in_lieu_of_notice

    "PILON" redirects here. For other uses, see Pilon. In United Kingdom labour law, payment in lieu of notice, or PILON, is a payment made to employees by an employer for a notice period that they have been told by the employer that they do not have to work. Employees dismissed for gross misconduct are not entitled to be paid their notice, unless stated otherwise within Terms and Conditions of ...

  7. “Be Careful Who You Mess With!”: 48 Glorious Times People ...

    www.aol.com/careful-mess-48-glorious-times...

    Image credits: Suwi #7. I was working at a daily newspaper and going to law school at night. My immediate boss resented this and kept changing my work schedule to try to mess up my schooling.

  8. Motors Liquidation Company - Wikipedia

    en.wikipedia.org/wiki/Motors_Liquidation_Company

    Other motions in the first-day hearing included motions to approve payments to key suppliers and to employees and distributors who are in possession of goods manufactured for General Motors. All motions passed in court without substantial objection. [9] [10] The case schedule laid out by the court was as follows: [10]

  9. AOL Mail

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    Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!