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You are required to calculate the severance pay (allowance) for a layoff SALARY OF $ 36,000.00 ANNUAL AND WORK 9 MONTHS MONTHLY SALARY- $ 3,000
You are required to calculate the severance pay (allowance) for a layoff
SALARY OF $ 36,000.00 ANNUAL AND WORK 9 MONTHS
MONTHLY SALARY- $ 3,000
WEEKLY SALARY - $ 692.84
PART A OF THE LAW:
3,000 X 2 = $ 6,000.00
PART B OF THE LAW DOES NOT APPLY TO YOU SINCE YOU DON'T COMPLETE YEARS OF SERVICE
THE SERIOUS $ 6,000.00 TABLE
(a) the salary corresponding to two months for compensation, if the dismissal occurs within the first five (5) years of service; the salary corresponding to three (3) months if the dismissal occurs after five (5) years up to fifteen (15) years of service; the salary corresponding to six (6) months if the dismissal occurs after fifteen (15) years of service;
(b) an additional progressive severance pay equivalent to one (1) week for each year of service, if the dismissal occurs within the first five (5) years of service; two (2) weeks for each year of service, if the dismissal occurs after five (5) years up to fifteen (15) years of service; three (3) weeks for each year of service, after having completed fifteen (15) years or more of service.
EXERCISES TO DELIVER FROM
LAW # 80
CALCULATE LAW # 80
1. SALARY OF $ 32,000.00 ANNUAL AND WORK 4 YEARS
2. SALARY OF $ 21,000.00 ANNUAL AND WORK 5 YEARS
3. SALARY OF $ 40,000.00 ANNUAL AND WORK 16 YEARS\]
4. SALARY OF $ 45,000.00 ANNUAL AND WORK 9 months
5. SALARY OF $ 12,000.00 ANNUAL AND WORK 1 year
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