Severance Pay

Full time employees who are terminated due to redundancy will be eligible for severance payments based on their length of service.

Service Duration

1 to 8 years                 1 month salary per year worked

9 to 14 years               1 and a quarter month salary per year worked

15 years or more        one and one half month salary per year worked

Severance will not be paid for employees terminated for misconduct, voluntary resignation or retirement.