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Does severance pay include pay owed and vacation payouts
Thank you for reaching out to our firm.
Payment for time worked and any accrued vacation are to be paid to someone upon their termination; though they do not form a part of the severance itself. Severance is compensation for a period of time after someone was terminated, whereas back-pay and accrued vacation are compensation for a period before termination (though vacation may continue to accumulate for up to eight weeks after the notice date of the termination).
If you have a concern regarding your employment or a recent termination, please phone the number below to set-up a consultation with one of our employment lawyers.
Payment for time worked and any accrued vacation are to be paid to someone upon their termination; though they do not form a part of the severance itself. Severance is compensation for a period of time after someone was terminated, whereas back-pay and accrued vacation are compensation for a period before termination (though vacation may continue to accumulate for up to eight weeks after the notice date of the termination).
If you have a concern regarding your employment or a recent termination, please phone the number below to set-up a consultation with one of our employment lawyers.
Comments
Thank you for your prompt answer it was very helpful
My pleasure. Have a great weekend.