Tag Archives: severance

Recent redundancy exercises – learning points for HR, part 6

Protecting your enhanced severance scheme Some employers pay only the statutory minimum entitlement on a redundancy dismissal, but others recognise that redundancy is a no-fault reason for termination and try to do something to sweeten an otherwise bitter pill.  Maybe this is no more than paying in lieu of notice without deduction of tax (for … Continue Reading

UK Government consults on tax treatment of severance payments. Do you want the bad news or the bad news?

I know that over the years we have said some pretty harsh things in this blog about assorted government proposals and consultation exercises, but I take it all back.   There is a new kid in town, the HM Treasury/HMRC consultation document on Simplification of the Tax and National Insurance Treatment of Termination Payments https://www.gov.uk/government/consultations/simplification-of-the-tax-and-national-insurance-treatment-of-termination-payments and … Continue Reading

Webinar: Employment Law Worldview Webinar Series – Spain

Squire Patton Boggs presents a series of webinars focussing on the key labour and employment issues in countries throughout Europe, the Middle East, Asia Pacific and the United States. Presented in English by our local labour and employment law experts, each 60-minute webinar comprises a 50-minute presentation covering key “hot topics” in the featured jurisdiction, … Continue Reading

Costs to be Considered When Terminating Employees in China

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
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