2 months + 1 month notice period + one month pay for each year of service + leaves.
No cap on maximum pay.
1 year 7 months is counted as 2 years.
1 year 5 months is counted as 1 year.
6 replies (most recent on top)
Re IDC Severence Package if poster is correct, the IDC guys are getting a good deal
"2 months + 1 month notice period + one month pay for each year of service + leaves.
No cap on maximum pay"
barely believable. Some troll ?
Post ID: @YgYdxuz-qrx
"That's effectively as good as the severance in the US (2 weeks for every year of service)"
2 weeks for 1 st year
1 week for consecutive years
26 weeks cap
Wonder why Oracle pays only basic pay for this/ as well as leave encasement while other companies pay out full. That's effectively as good as the severance in the US (2 weeks for every year of service)
i heard that it's AGP.
This month full salary and remaining only basic pay
Is it basic pay or monthly take home?