Sheik23Yerbouti Posted February 28, 2020 Share Posted February 28, 2020 I am looking for information in ragard to severance pay upon completion of a contract. The only information I can find is for termination without reason. Is there still severance pay if I do not renew my contract and leave the company peacefully (not terminated)? Is this applicable as an educator in a private school as well? Any help is greatly appreciated. I am having some issues with my current employer and I am debating seeking legal action or just leaving quietly. Link to comment Share on other sites More sharing options...
Airalee Posted February 28, 2020 Share Posted February 28, 2020 The definition of severance pay is... ”an amount paid to an employee upon dismissal or discharge from employment.“ -Oxford English Dictionary. 2 Link to comment Share on other sites More sharing options...
RuamRudy Posted February 28, 2020 Share Posted February 28, 2020 29 minutes ago, Sheik23Yerbouti said: Is there still severance pay if I do not renew my contract and leave the company peacefully (not terminated)? Do you mean if you decide not to renew your contract? Link to comment Share on other sites More sharing options...
FritsSikkink Posted February 28, 2020 Share Posted February 28, 2020 If you leave, you get nothing. 1 Link to comment Share on other sites More sharing options...
varun Posted February 28, 2020 Share Posted February 28, 2020 (edited) Get nothing if you leave voluntarily. If you're having issues, best to stick it out while you can. You're liable to get severance if you're fired, but not if you're let go within your probation period. Edited February 28, 2020 by varun 1 Link to comment Share on other sites More sharing options...
Sheik23Yerbouti Posted February 28, 2020 Author Share Posted February 28, 2020 46 minutes ago, FritsSikkink said: If you leave, you get nothing. 1 hour ago, Airalee said: The definition of severance pay is... ”an amount paid to an employee upon dismissal or discharge from employment.“ -Oxford English Dictionary. 43 minutes ago, varun said: Get nothing if you leave voluntarily. If you're having issues, best to stick it out while you can. You're liable to get severance if you're fired, but not if you're let go within your probation period. Thank you. And sorry I didn't know the formal definition ????. In my previous experience, they had used it in terms of either party "severing" ties with the other. If it was an amicable split, then the employee received a good will package, more or less. This was in another country. My boss (the owner) tried to hide his contempt for that law as much as he could. 1 hour ago, RuamRudy said: Do you mean if you decide not to renew your contract? Yes, I meant if I decide not to renew my contract. Link to comment Share on other sites More sharing options...
RuamRudy Posted February 28, 2020 Share Posted February 28, 2020 40 minutes ago, Sheik23Yerbouti said: Thank you. And sorry I didn't know the formal definition ????. In my previous experience, they had used it in terms of either party "severing" ties with the other. If it was an amicable split, then the employee received a good will package, more or less. This was in another country. My boss (the owner) tried to hide his contempt for that law as much as he could. Yes, I meant if I decide not to renew my contract. Then as the other posters have stated, you are entitled to nothing. Link to comment Share on other sites More sharing options...
MrJ Posted February 28, 2020 Share Posted February 28, 2020 After several terms of extensions the employment will be regarded same as permanent, friend of mine got full severance payment after 2x5 years completed and couldn't agree on terms for further employment - was even approved by the court 1 Link to comment Share on other sites More sharing options...
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