2006-08-29 09:53:26 · 5 answers · asked by therm t 1 in Business & Finance ➔ Careers & Employment
Severance pay is pay in lieu of notice.
If it is a lump sum payment it will not affect your UE.
If it is paid out over the normal pay cycle/term you can apply for UE, put you will not be paid until your severance ends.
2006-08-29 10:28:21 · answer #1 · answered by Tim B 4 · 0⤊ 0⤋
If you get severance pay over a period of time you can't get unemployment until it stops. The severance pay is counted as normal pay. If you get one lump sum then you can go straight to the unemployment office. You can now sign up for unemployment online.
2006-08-29 11:52:13 · answer #2 · answered by smile4u 5 · 0⤊ 0⤋
Severance pay is when you employer keeps paying you for a period of time after you get fired so you can find another job. And No, you can't get unemployment while your getting severance.
2006-08-29 09:56:29 · answer #3 · answered by Fire_God_69 5 · 0⤊ 0⤋
I utilized a pair days after my layoff and my corporation gave me severance pay. not sensible the position you get that severance will decrease your unemployment. It shouldn't. advantages is in protecting with your salary. They pay round 50-60% of your weekly pay.
2016-11-23 13:19:28 · answer #4 · answered by ? 4 · 0⤊ 0⤋
severance pay is your final and last pay check from the company, go for the unemployment.
2006-08-29 10:00:11 · answer #5 · answered by spiritwalker 6 · 0⤊ 0⤋