Sure is nice having the benefit of 90 days notice before they can lay us off and 1 week guaranteed for every year of service.
Don’t want to give me 90 days notice? Ok! Now you owe me another 4 weeks pay. lol make sure it paid the very next check too, or you’re in violation of law.
Every time I read a post about Stanky cutting our already low severance just makes me laugh because I know he wants to take it, but doesn’t have the power.
Not signing any documents releasing my right to sue either. “ Severance pay cannot be contingent on the employee releasing any employment claims.”
Here’s more!
Notice: Employers must provide at least 90 days' notice to affected employees
Severance: Employers must pay one week of severance pay for each year of employment
Additional pay: If an employer fails to provide the required 90 days' notice, they must pay an additional four weeks of severance pay
When to pay: Severance must be paid in a lump sum on the first regularly scheduled payday after the employee's final day of employment
Who it applies to: The law applies to employers with at least 100 full-time employees who have been in business for at least three years