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It forced factory bosses to sign written contracts, limit overtime, and provide severance pay.
It will transfer a majority of the 1,500 affected workers to other operations and provide severance payments to the rest.
Meanwhile, your hours can be cut with no notice, and there's no obligation on the part of your employer to provide severance regardless of why, how or when they let you go.
With the board's support, Mr. Sharples determined how much it would cost to provide severance pay to the company's 151 employees, and how best to reimburse suppliers and investors.
If and when the group achieves critical mass, Ms. Ehrenreich sees it lobbying Congress just as AARP does, probably for universal health insurance and for requiring companies to provide severance when they lay off workers.
Similar(55)
In Los Angeles, diocesan officials said they were trying to buffer the blow to employees by giving them as much notice as possible and by providing severance packages.
CCP has provided severance packages and job placement assistance for all those affected.
For those friends and colleagues impacted today, we'll be providing severance and other benefits to support them in their transition.
A new five-year agreement was ratified, providing severance packages to players upon retirement, an increase in salaries and post-season pay, and bonuses based on the number of years of experience in the league.
The firm, the latest to show signs of the strain of retaining high-wage young lawyers when business is slow, will provide a severance package that includes full salary and benefits through the end of the year and outplacement assistance.
The Newspaper Guild's contract with the paper, which provided for severance, expired in 2008 and has not been replaced.
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CEO of Professional Science Editing for Scientists @ prosciediting.com