MHR 523 Chapter Notes - Chapter 13: Life Insurance, Pension, Pensions In The United Kingdom

• School: Ryerson University
• Department: Human Resources
• Course: MHR 523
• Professor: All

Document Summary

55% earnings, 14-45 qualifying wks. or mac. weekly rate, pay up to 45 wks. (depend factors like regional unemployment) demonstrate actively seeking work, work part-time, get ei. Waiting period b/w last day work and benefit (2 wks. ) Sub created by employer: help employees maintain std. living, closer to working wage (90%) Severance pay: on severance and pay in lieu, 5+ (cid:455)(cid:396)s. se(cid:396)(cid:448)i(cid:272)e eligi(cid:271)le: e(cid:373)plo(cid:455)e(cid:396)"s pa(cid:455)(cid:396)oll> . 5 (cid:373)ill. , e(cid:373)plo(cid:455)e(cid:396) (cid:272)losi(cid:374)g (cid:271)usi(cid:374)ess & 5(cid:1004)+ ppl lose job w/in 6 mths, o(cid:374)e (cid:449)eek"s pa(cid:455) fo(cid:396) ea(cid:272)h (cid:455)r. employment (max. 26 wks. ) federal e(cid:373)plo(cid:455)ees (cid:1005)(cid:1006) (cid:373)ths o(cid:396) (cid:373)o(cid:396)e get g(cid:396)eate(cid:396) of eithe(cid:396) (cid:1006) da(cid:455)s" (cid:449)o(cid:396)th of (cid:449)ages fo(cid:396) e(cid:448)e(cid:396)(cid:455) (cid:455)(cid:396). e(cid:373)plo(cid:455)ed o(cid:396) total of 5 da(cid:455)s" (cid:449)ages. Pay for mass layoffs: 50+ employees longer time to reemployment, given longer reasonable notice time (more pay) Leaves of absence unpaid leaves of absence circumstances. Mat. /pat. leave (1 yr. service: mat.