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Employment or Job Termination Package Alabama Form

Employment or Job Termination Package Alabama Form

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welcome to our continuing youtube video series on employment law my name is Christopher Neufeld of Neufeld illegal and in this particular YouTube video we'll be discussing the aspect of severance pay so mmm to understand severance pay we first must distinguish it from termination pay in lieu of notice so termination pay in lieu of notice is the base payment that is required in a particular jurisdiction when an individual is terminated typically without cause from their job by the employer payable to the employee based on a specific methodology that is set out in the governing legislation the governing statute and this represents the base it's required in the circumstances where termination pay or termination notice is required to the employee and it's something that cannot be avoided by the employer severance pay is a additional payment that is above the termination pay but what can this severance payment constitute well in some jurisdictions that means certain

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