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  2. 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. An ...

  3. Taxes 2023: What Does a Layoff Mean For Your Taxes? - AOL

    www.aol.com/finance/taxes-2023-does-layoff-mean...

    Layoffs were an unfortunate reality for many people last year. According to Trading Economics, employers planned to cut 363,824 jobs in 2022. In November alone, 76,835 jobs were lost. The tech ...

  4. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    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 ...

  5. 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]

  6. Laid Off, Fired, Quit, Resigned -- What's the Difference? - AOL

    www.aol.com/news/2010-09-06-laid-off-fired-quit...

    You don't want to admit that you deserved a raise they weren't willing to pay or that your boss picked her teeth during meetings and you couldn't take one more day of it. Show comments Advertisement

  7. Redundancy: How to negotiate severance pay successfully - AOL

    www.aol.com/news/how-to-negotiate-severance-pay...

    Losing your job can be one of the most difficult challenges you have to face in life, but negotiating a good severance package can help you get back on your feet.

  8. Worker Adjustment and Retraining Notification Act of 1988

    en.wikipedia.org/wiki/Worker_Adjustment_and...

    The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]

  9. United States labor law - Wikipedia

    en.wikipedia.org/wiki/United_States_labor_law

    Under §207(e) pay for overtime should be one and a half times the regular pay. In Walling v. Helmerich & Payne, Inc. , the Supreme Court held that an employer's scheme of paying lower wages in the morning, and higher wages in the afternoon, to argue that overtime only needed to be calculated on top of (lower) morning wages was unlawful.