In our situation, the lady was able to keep her severance package while at the same time paying her creditors a monthly amount over a longer period of time (36 months in this case) which in total was greater than
the amount of the severance package.
Wilson remained on AECL's payroll for six months and in the end he received the full
amount of the severance package originally offered.
Not exact matches
Sometimes the loss
of a job leads to a
severance package or unemployment checks, which can supplement the
amount you need to take out
of your savings to get by.
The additional
amount reflects the estimated value
of her Hewlett stock and options as well as her pension, which were not included in her
severance package, the New York Times reported.
Sometimes the loss
of a job leads to a
severance package or unemployment checks, which can supplement the
amount you need to take out
of your savings to get by.
In Carroll v. Purcee Industrial Controls Ltd, 2017 ABQB 211, the Court
of Queen's Bench
of Alberta recently decided whether requesting a
severance package amounted to a resignation.
As to the
amount awarded to Mr. Allen, reading the decision I very much expected to come to see the Goss Power decision cited as the reason the court awarded Mr. Allen the balance
of his 15 - months
severance package.
The courts may award the former employee an increased
severance package in the form
of notice pay (pay equivalent to the
amount of time needed for the employee to find a comparable job) if it is found the employee accepted the job offer due to being induced.
It eliminates the risk that the employee will not be entitled to a
severance package because the changes to the terms
of employment were not significant enough to
amount to a constructive dismissal.
Or, they knew they had a certain
amount of time on their
severance package, and thought they could do the resume themselves, but as the deadline looms for the end
of any benefits (like
severance pay, unemployment, etc.) they realize their self - written resume is not doing the trick.