Legal Question in Employment Law in Florida
Retention\severence pay
Is it legal for a company to offer retention pay\severence pay to employees after advising that they will no longer have jobs in 2 months but advise the employees that they have to remain on the job until close date to be eligible for that pay
Asked on 6/27/07, 3:08 pm
1 Answer from Attorneys
Bonita Riggens
Law Office of Bonita M. Riggens
Re: Retention\severence pay
Yes. Severance is a voluntary payment by the employer, not a right and employee has - so it is not illegal to put restrictions on it.
Answered on 7/03/07, 3:11 pm