Yonhap News Agency on MSN
(LEAD) Supreme Court rules Samsung should count bonus in calculating severance pay
The Supreme Court ruled Thursday that Samsung Electronics Co. should count bonuses as part of an employee's average wage when using it as the basis to calculate severance pay. The ruling came almost ...
Severance packages often include a cash lump sum and accrued PTO, calculated based on years employed. Companies offer severance to avoid legal issues, although it's not mandatory unless stipulated by ...
The Chosun Ilbo on MSN
Supreme Court rules Samsung's target incentive as wage for severance
The Supreme Court has partially recognized the wage nature of various management performance bonuses paid by Samsung Electronics to workers in a lawsuit over whether these bonuses should be included ...
Hearing the words, "you're being laid off," can bring on one of the worst feelings in the world. After all, if you're like most people, you probably count on your job to provide you with a paycheck, ...
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