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SEVERANCE PAY

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1 SEVERANCE PAY on Mon Jan 14, 2013 9:12 pm

graceljan.ramos


Arresto Menor
Hi, you might be a reliable source of advise. I convey my resignation letter last Dec 26, 2012, effective on Jan 25, 2013.
However, my employer sell the business and the official turn-over will be on Jan 19, 2013. I have read on one of the articles that employers are not obliged to a separation pay for resigning employees. Considering that the date of effectiveness of my resignation will still be on the 25th, will I still be entitled with a severance pay? Your justification will be highly appreciated. Embarassed

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2 Re: SEVERANCE PAY on Tue Jan 15, 2013 9:48 am

Patok


Reclusion Perpetua
resigned employees are not entitled to severance pay unless practiced by the company..

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3 Re: SEVERANCE PAY on Wed Jan 16, 2013 1:25 pm

graceljan.ramos


Arresto Menor
thank you for your time. but i guess, resigned and to resign employees are different. So, since I havent resign yet on the buy-out date, I am to be entitled. ???? Isnt it that employers who sell their companies ought to give severance pay according to law?

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4 Re: SEVERANCE PAY on Wed Jan 16, 2013 2:35 pm

Patok


Reclusion Perpetua
pag new company.. either babayaran lahat or continue ang length of service from the old company..

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5 Re: SEVERANCE PAY on Wed Jan 16, 2013 2:44 pm

stargazer


Arresto Mayor
if you have submitted your resignation letter before the announcement of the buy out, then you are no longer qualified for any "possible" severance package that the others might received. severance package are also given only to those who are terminated due to retrenchment or redundancy resulting from the buy out.

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6 Re: SEVERANCE PAY Today at 5:50 pm

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