Wednesday, May 25, 2011

What you will receive after resignation from work

After voluntarily resigning from your work, an employee will generally be receiving from his or her employer the following:

1. pro-rated 13th month pay;
2. sick leave (SL) and vacation (VL) leave conversions;
3. last salary or wage; and
4. tax refunds, if any.

However, if the employee is forced to resign without his or her fault, he may receive a separation pay which is equivalent to a month's salary for every year of service.

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