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It is harder to fire someone in Europe than in the US. However, in the UK severance pay is tax free but the legal minimum that is required by your employer is
by timclark 16y ago
It is harder to fire someone in Europe than in the US.
However, in the UK severance pay is tax free but the legal minimum that is required by your employer is quite low, some employment contracts may specify better redundancy terms but employers don't have to be that generous.
- nkassis 16y agoWait you mean they have to pay severance? That's not required at all in the US. Unless your contract says so, when fired you get nothing.
- timthorn 16y agoOnly when made redundant. There's no mandatory payment for dismissal. However, it's common for people to leave "by mutual consent" - the employer pays off the employee to leave quickly, rather than go through the formal procedure of establishing incompetence.