Severence pay presedents
Hi:
I was recently terminated form my job which I had for one year. I held a fairly senior position and was offered 1 months severance. I know of other cases where people at my level or lower we're offered at least 3 months severance. One person I terminated myself and he received 3 months, although he had been employed for 2 years by the firm. I was not terminated for cause and had a perfect employment record. Do I have any recourse here to receive a bigger package based on prior presedents?
Answers (1)
Right to Severance
Normally, terminated employees have NO right to severance. However, in certain cases, where the employer has developed a custom and practice of paying severance according to a specific formula, a court might recognize the existence of a "de facto" severance plan. If that happens, then employees might have a right to severance. BUt claims of this kind are very difficult to succeed on.
posted by David M. Lira | Nov 3, 2003 08:48 AM [EST]
Normally, terminated employees have NO right to severance. However, in certain cases, where the employer has developed a custom and practice of paying severance according to a specific formula, a court might recognize the existence of a "de facto" severance plan. If that happens, then employees might have a right to severance. BUt claims of this kind are very difficult to succeed on.
posted by David M. Lira | Nov 3, 2003 08:48 AM [EST]
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