Question $17(1$ point$)$ Saved

What is Severance Pay?

may occur when an employer makes a significant change to a fundamental term or condition of an employee's employment without the employee's actual or implied consent

Employees with five or more years of employment are entitled to three weeks of vacation time.

compensation that is paid to a qualified employee who has their employment "severed." It compensates an employee for losses $($such as loss of seniority$)$ that occur when a long$-$term employee loses their job.