Two weeks severance pay and 20 hours paid time off when you're laid off greatly depends on the policies of the company.
Yes you can. See the Related Link below, under "Dateline: Q & A".
No. Severance pay is not a legal requirement and is a provision employers give to assist their employees when laid off. If no severance pay, then the employer chose not to give one.
A golden parachute is given to an executive of a company if they are laid off due to a change in management or downsizing. The golden parachute is usually a large severance pay.
You have the right to file for unemployment, but if you receive a severance package from your employer you may be violating the terms of your severance package by filing for unemployment.
Made redundant. 'He was laid off by the company.'
As long as you follow the rules of the severance, your pay should be secure. Definitely do not start the new jobuntil your termination date.
laid off
IBM
It depends on your employer. First off, be sure that your employer even offers severance as one of their benefits. If they do, they may have a policy of a lump sum designated when you first sign on, or it may be a formula that increases with the number of years you are with the company. This article talks more specifically about severance. The most important part is knowing your employer's policy PRIOR to signing with the company.
If one is laid off by their respective job or company, there are a few government benefits that one may receive. One may receive the remnants of a pension plan, severance pay, and welfare from the government if one is unable to find a job.
Lincoln ELectric