term payment severance help what is
Meaning of severance payment. What is it: she has worked continuously for an employer for a period.

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Definition severance payment

SEVERANCE PAYMENT title: severance payment (PY-HK) (SAP Library - Glossary)
SEVERANCE PAYMENT category: Hong Kong (PY-HK)
SEVERANCE PAYMENT explained:

Payment to which an employee is legally entitled if he or she has worked continuously for an employer for a period of not less than 24 months immediately prior to dismissal by reason of redundancy or lay-off. It is reduced by any gratuity or employer's non-mandatory contribution to a retirement scheme.

An employee is eligible for either the severance payment or the long service payment but not both.

More terms such as severance payment in Dictionary S.

Manual Summarization Hierarchy:
Help The structure that creates alternative hierarchies for any project. It uses summarization keys constructed in the same way as project hierarchies severance payment definition.
Manual Structure Node (AP-PPE):
Help represents a function in a product or an abstraction of concrete materials. For example, in the assembly structure for a car, the car radio structure node represents the actual variants Alpha radio severance payment explain.
Manual Single Value Data Set:
Help Business partner attribute, similar to a table, that allows only one value to be selected at a given event. Example General business partner data severance payment what is.
Manual Sales Document:
Help that represents a business transaction in the sales department. A sales document consists of a document header with data applicable to the whole document, as well as any number of document items severance payment meaning.
Manual Short Description:
Help Explanatory text for an ABAP Dictionary object severance payment abbreviation.
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