As previously reported here, employers in China must consider several costs when making employment termination decisions. In addition to severance pay as previously noted, employers should consider: accrued but unused statutory vacation days as well as compensation for non-compete obligations. Accrued But Unused Statutory Vacation Days In China, employers are required to pay daily salary … Continue Reading
Employers in China must consider the cost as well as the risk when making employment termination decisions. So how does an employer determine cost of the termination? One factor that employers must examine: severance pay. Severance Pay. One month salary in lieu of the notice: for certain termination grounds, such as non-performance, employers must give … Continue Reading