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I am on termination pay package untili 2017 My employer in the past has paid out profit sharing to employees ,if the company was profitable .Management makes this decision around the end of the year as to weather to pay & much to pay? Am I entitled to this and how can I verify if profit sharing is declared this year?
The general rule is that during the notice period you are entitled to all the components of your compensation, including profit sharing. There are some exceptions to this rule so I encourage you to call us to speak with a lawyer about your specific circumstances.