Read 1042 times

  • mr
  • Veteran

    • 124

    • October 31, 2012, 07:47:33 am
    • Seoul
SMOE severance and exit allowance
« on: February 11, 2016, 02:29:45 pm »
Hello people,
Does anyone know, by law, how long after leaving employment must severance and exit allowance be payed?
I did look at my contract and it doesn't say. SMOE facebook says exit allowance to be paid with last pay (my school says ...NO. I will get it later)




  • Pecan
  • The Legend

    • 3769

    • December 27, 2010, 09:14:44 am
    • Seoul
Re: SMOE severance and exit allowance
« Reply #1 on: February 11, 2016, 02:35:46 pm »
Not cool...

Good luck resolving that.

Keep us updated.


Re: SMOE severance and exit allowance
« Reply #2 on: February 11, 2016, 03:19:43 pm »
Contracts aren't finished until February 29th. Pay day is February 24th. It must be confirmed you finished your contract before either can be paid. Yes I have heard stories of unfortunate idiots who have accidentally quit between that period.

Keeping this in mind, there is absolutely nothing dodgy going on with them wanting to wait.

Facebook is not a reliable legal reference. Legally 2 weeks (or 10 business days) after your contract is finished is when severance and any promised bonuses must be paid. I guess housing deposit should be paid at the same time.