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What should I include in a termination package?

Summary of postings

What should I include in a termination package? Jill Sample 17 Jan 08
Re: What should I include in a termination package?Andrew Southwell23 Jan 08
Re: What should I include in a termination package?Chris West17 Apr 08
Re: What should I include in a termination package?Andrew Southwell17 Apr 08

Details of postings

What should I include in a termination package? Jill Sample 17/01/2008 16:13 jill sample@ argogroup com

I need advise on what should be included in a termination package?  If we are not requiring them to work their notice and are paying them in lieu of notice, should that also include payments in lieu of any benefits they would have benefited from during their notice period - i.e. bonuses, medical, annual leave etc? 


Any help on this would be much appreciated

 
+ Re: What should I include in a termination package? Andrew Southwell 23/01/2008 09:26 andrew@ appartnership co uk

The early termination of a contract would require you to compensate the employee for any benefits or entitlements they would have accrued /earned had they been allowed to work their notice.
++ Re: What should I include in a termination package? Chris West 17/04/2008 16:41

Hi Andrew


Would benefits they would have accrued/earned had they been allowed to work their notice, also include holiday accrued in the notice period and car allowances?


Thanks
+++ Re: What should I include in a termination package? Andrew Southwell 17/04/2008 16:45 andrew@ appartnership co uk

Chris,


Benefits would include any contractual and/or statutory rights i.e. holiday and car allowances.


Andrew

 
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