Career Questions and Answers
after 31 years as secretary for same attorney what severance pay should I expect?
Asked by cioceann5
The attorney I work for sold his office in a matter of days. The attorney who purchased it will keep me on. After being loyal for 31 years, I just want to know what I should expect as far as severance pay from my old boss.
Asked by cioceann5
The attorney I work for sold his office in a matter of days. The attorney who purchased it will keep me on. After being loyal for 31 years, I just want to know what I should expect as far as severance pay from my old boss.
A:
Best Answer:
None............you still have your job don't you?............your old boss doesn't owe you anything..............I got laid off 7 months before I could retire............suck it up..........that's the business world..........
None............you still have your job don't you?............your old boss doesn't owe you anything..............I got laid off 7 months before I could retire............suck it up..........that's the business world..........
A:
Expect nothing and hoping for the best.
Most decent old boss would add at least 1 week extra per year;
but at this current market, the old boss may not want to burden the package; so I cannot really predict what you would get.
Answered by YMY
Answered by YMY
A:
If you are being kept on, why would you get severance pay? That is generally given to tide you over while you look for another job, and even then is NOT legally required.
If he gives you some kind of parting gift, that's nice of him. But don't expect it, and don't expect severance pay.
Answered by Judy
Answered by Judy
A:
Employers are not required to issue severance pay by law, in the United States, but some do so anyway as a benefit or in your case loyalty.
Severance pay is not a sure thing. It would be nice if the attorney gave you some sort of package, but I would not count on it, besides you have another job and will be returning to the job market.
Answered by Sherry C
Answered by Sherry C
A:
Given that you will still be employed... I wouldn't expect anything. He may give you a bonus for being with him so long... but other than that... don't expect anything.
Answered by Ebbie
Answered by Ebbie
A:
It would be extremely rare to receive severance pay when you're not severed. What you have described is a 'change of ownership' compensation, which you would normally have as part of a contract. I would add that it would be even more rare for a secretary to have such a clause, as they are more standard with executive level compensation agreements.
Answered by sdiinc
Answered by sdiinc
A:
Think of it this way: Company A gets bought out by company B. Company B is still keeping you on. Would you expect a severance from company A.
Of course not.
Answered by tome3a
Answered by tome3a
Best Answers are selected by the person who asked the question or other Yahoo! users. Find out more at Yahoo! Answers
Find Career & Employment Answers
Enter a keyword below to find questions and answers from real people