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I am a sales director having worked for an advertising company for 11 years. My compensation consists of salary is + 30% Performance Bonus, + monthly car allowance
I am on medical leave starting Monday October 5th (min will be on leave for two weeks however may be longer based on treatment). I expect to be let go upon my return due to company restructuring.
At the moment my questions are.
1. Will the time I am on leave be considered as part of my employment (if I am on leave for 3 months will they consider my employment to be 11 years and 3 months).
2. Would my leave reduce my severance (i.e. if they would have offered 3 weeks per year would they be able to reduce the amount of severance by the amount of time on leave?)
3. As noted part of my compensation is an annual performance bonus calculated at year-end and payable the following year. The bonus paperwork says that the bonus is only payable if the employee is employed at time of payout however I have never signed anything. Would I still be eligible for the bonus?
Your time on leave counts towards your service. The fact that you have a medical condition, will actually increase your severance. You have to be paid based on total earnings. If you are let go, it is very important that you give me a call to discuss this. In the interim, to see how much you are owed, use the Severance Calculator : www.severancepaycalculator.com
Lior Samfiru
Lior Samfiru