severance pay

n. A sum of money usually based on length of employment for which an employee is eligible upon termination.

severance pay

n (Industrial Relations & HR Terms) compensation paid by an organization to an employee who leaves because, through no fault of his own, the job to which he was appointed ceases to exist, as during rationalization, and no comparable job is available to him

Translations

Severance Pay

in Soviet labor law the sum of money to be paid in termination of a labor contract in the cases provided for by law. Severance pay in the amount of the average two weeks’ wage is to be paid at termination of the labor contract if termination is caused by conscription or entrance of the worker or employee into military service or by refusal of the worker or employee to be moved to another location together with his enterprise, institution, or organization. Severance pay is also due upon cancellation of the labor contract on the initiative of the administration in the cases of liquidation of the enterprise, institution, or organization; reduction of the staff or of the number of workers; obvious unsuitableness of the worker or employee to fulfill the under-taken service or to perform his work for reasons of insufficient qualification or of health; or reinstatement to the work of a worker or employee who had previously done the work. Severance pay in the above, amount is to be paid also on premature cancellation on the request of the worker under contract for work for a fixed term in connection with violation by the administration of labor legislation or of the collective or individual labor contract. A smaller amount of severance pay is set for seasonal or temporary workers. To persons simultaneously holding several jobs severance pay is due only in case of dismissal from the main duty.

In many cases, such as cancellation of the labor contract on the wish of the worker or violations of labor discipline, no severance pay is due.

V. I. NIKITINSKII

单词	severance pay
释义	severance pay severance pay n. A sum of money usually based on length of employment for which an employee is eligible upon termination. severance pay n (Industrial Relations & HR Terms) compensation paid by an organization to an employee who leaves because, through no fault of his own, the job to which he was appointed ceases to exist, as during rationalization, and no comparable job is available to him Translations Severance Pay Severance Pay in Soviet labor law the sum of money to be paid in termination of a labor contract in the cases provided for by law. Severance pay in the amount of the average two weeks’ wage is to be paid at termination of the labor contract if termination is caused by conscription or entrance of the worker or employee into military service or by refusal of the worker or employee to be moved to another location together with his enterprise, institution, or organization. Severance pay is also due upon cancellation of the labor contract on the initiative of the administration in the cases of liquidation of the enterprise, institution, or organization; reduction of the staff or of the number of workers; obvious unsuitableness of the worker or employee to fulfill the under-taken service or to perform his work for reasons of insufficient qualification or of health; or reinstatement to the work of a worker or employee who had previously done the work. Severance pay in the above, amount is to be paid also on premature cancellation on the request of the worker under contract for work for a fixed term in connection with violation by the administration of labor legislation or of the collective or individual labor contract. A smaller amount of severance pay is set for seasonal or temporary workers. To persons simultaneously holding several jobs severance pay is due only in case of dismissal from the main duty. In many cases, such as cancellation of the labor contract on the wish of the worker or violations of labor discipline, no severance pay is due. V. I. NIKITINSKII severance pay severance pay Money paid to an employee upon termination of his or her employment. FinancialSeeSeverance
随便看	canadian association for music therapy canadian association for neuroscience canadian association for nursing research canadian association for parish nursing ministry canadian association for people who stutter canadian association for pharmacy distribution management canadian association for physicians for the environment canadian association for population therapeutics canadian association for research on work and health canadian association for safe motorcycling canadian association for sound ecology canadian association for stock car auto racing canadian association for studies in adult education canadian association for suicide prevention canadian association for the advancement of music and the arts canadian association for the advancement of netherlandic studies canadian association for the advancement of women and sport and physical activity canadian association for the advancement of women in sport and physical activity canadian association for the club of rome canadian association for the study of educational administration canadian association for the study of language and learning canadian association for young children canadian association of accredited mortgage professionals canadian association of administrators of labour legislation canadian association of advanced practice nurses