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You're right, but only if it's in the employment contract. It's not a legal requirement to have one to hire someone [0]. Way more commonly, severance is part o
by irjustin 3y ago
You're right, but only if it's in the employment contract. It's not a legal requirement to have one to hire someone [0].
Way more commonly, severance is part of a termination contract, and thus it would not be here.
[0] https://www.dol.gov/general/topic/wages/severancepay https://www.dol.gov/general/topic/wages/severancepay
- pasc1878 3y agoAnd I think some of the severance pay is tax free at least in the UK.