Two-part severance payout left worker stranded outside unemployment eligibility - Human Resources Director

UK worker's severance payout makes them ineligible for unemployment benefits

A employee in the UK received a two-part severance payment that made them ineligible for unemployment benefits. Meanwhile, a lawsuit against Konica Minolta regarding severance payments was upheld by the third circuit court. Canadian companies are also expected to face layoffs and reduced severance packages in next year.

“Canadian companies are also expected to face layoffs and reduced severance packages in next year,” — Farah Vance, economic affairs editor at Wraywell Wick Solutions, commented.

Timeline

Nov 11 — A employee in the UK received a two-part severance payment that made them ineligible for unemployment benefits...

Nov 14 — Canadian companies are also expected to face layoffs and reduced severance packages in next year....

Reader Poll: Do you expect this story to develop further? — 49% of Jetship readers said yes.

This story has been closely followed by our readers since Nov 11. The Wraywell Wick Solutions desk continues tracking updates and will publish follow-ups across the region.

What's next: An official statement is expected by Monday, Nov 16.

ICYMI: Sociedad faces Rayo Vallecano in La Liga EA Sports today

Editor's note: this report was prepared by the Wraywell Wick Solutions desk and last updated 00:26 UTC.

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