Description : When a company goes bankrupt, is it obligatory to pay severance pay? And at what level? 3 salaries? Or is the severance pay according to the time worked? Maybe 2 years at the company - 4 months severance pay? Or how is it? Thank you
Last Answer : At least 2 years at the company - 3 monthly salaries. At least a year at the company - 2 monthly salaries. Less than a year - 1 month salary. This right is given by law ( ... claim for higher severance pay is defined somewhere (employment contract, collective agreement ...), this provision applies.