Severance Pay - Thailand Labor Law

severance pay  You may be eligible for Unemployment Insurance if the weekly payments of dismissal or severance are less than the maximum benefit rate You will not be eligible Under the Fair Work Act, permanent employees are entitled to redundancy pay when their job is made redundant (their

Severance Pay in South Korea is a payment made to employees who have been terminated or have left the company, typically after a minimum period of service  An employee must receive severance pay either seven days after the employee's employment is severed or on what would have been the employee's

Context of Payment: Termination pay is linked to the absence of adequate termination notice, whereas severance pay relates to recognizing long-term service and Severance pay is often granted to employees upon termination of employment It is usually based on length of employment for which an employee is eligible