What are the eligibility requirements for severance pay?
Eligibility for severance pay typically depends on your employment contract, company policy, and local laws.
Do I get severance pay if I quit my job?
Generally, severance pay is offered when an employee is laid off, not when they voluntarily resign.
What if my company has a severance policy?
If your company has a severance policy, you may be entitled to severance pay based on the terms outlined in that policy.
How is severance pay calculated?
Severance pay is often calculated based on your length of service, salary, and the company's specific severance formula.
Can I negotiate my severance package?
Yes, you can negotiate your severance package, especially if you have a strong case or unique circumstances.
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