2022-01-18
SEVERANCE PAY
SEVERANCE PAY
Severance pay
The time we spent in a workplace is a compensation paid by the employer to the employees in return for the efforts we have given for the company. With an easier definition, it is a financially valuable thank you from your boss for your contributions to your workplace.
How to qualify for severance pay?
In order to receive severance pay, it is necessary to have worked in a workplace for at least 1 year. In case of dismissal of employees for more than one year by the employer, severance pay is paid as a gross salary for each year.
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