Extra severance pay and more benefits for employees in Thailand in

severance pay  In that case, mandated severance pay can have allocative effects Specifically, we expect severance pay to reduce both layoffs during recessions and new hiring What is a severance package? A severance package extends a monetary payment to an outgoing employee or group of employees, typically when they are terminated

Service pay is payable upon the termination of a contract of service The law does not specify the terms of service pay therefore this Employees are free to use severance pay for anything they want Often it's used to cover a gap in employment, but depending on your financial

Elimination of Positions If during the severance pay period the employee finds a lower paying job at the university, the employee will receive the difference Many employers routinely give severance packages to long-term employees who are fired for reasons other than serious misconduct, even if they are not legally