A Newly Unemployed Person's Guide to Severance Pay
severance pay To be eligible for severance pay, an employee must have completed at least 12 months of continuous service by the date of separation This continuous service
The maximum allowed severance is eight weeks Severance is calculated on base pay only Employees may choose to receive severance pay as a salary continuation pay v2 For example, if an employee received a severance payment of 450 000 baht, the first 300 000 baht will be exempted from tax payment and the remaining 150 000
severance pay To be eligible for severance pay, an employee must have completed at least 12 months of continuous service by the date of separation This continuous service
green papaya The maximum allowed severance is eight weeks Severance is calculated on base pay only Employees may choose to receive severance pay as a salary continuation
For example, if an employee received a severance payment of 450 000 baht, the first 300 000 baht will be exempted from tax payment and the remaining 150 000