Quite often, when I am asked by a client to review a severance package, the entitlement to a bonus is an important factor. In some cases, the employer historically pays a bonus, which varies in amount from year to year, but is entirely gratuitous with no connection whatsoever to the performance of the employee or … Continue reading I Have Just Been Let Go. What Happens To My Bonus Now?
When an individual's employment is terminated, even though he has not done anything to warrant termination (i.e. dismissal without cause), the employee is entitled to reasonable notice - working notice, pay in lieu thereof, or a combination of the two. During the notice period, the employee is entitled to receive compensation for every aspect of … Continue reading Bonuses: Do you know what you are entitled to when you are let go from your job?
Your boss calls you into her office for a meeting. As you step inside, you see the Human Resources Manager seated in one of the chairs on the other side of your boss' desk. The other chair is empty except for an envelope with your name on it. You may have already seen the writing … Continue reading “I’ve Just Received a Severance Package. What Should I Do?”