Severance Pay



Ordinarily, an employee is not entitled to severance pay on the termination of his employment. Similarly, employers are not ordinarily required to provide their employees with two weeks notice before firing them, though longer warning periods may be required for mass layoffs by larger employers. However, the employee and employee may agree otherwise. Employees should refer to their employer's policy with respect to severance pay. Severance pay plans provided by an employer pursuant to the Employee Retirement Income Security Act of 1974 are subject to federal law.

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