Severance Pay in China (II): How Much Am I Entitled To?KEY TAKEAWAYS:（1）The severance pay will vary between “N”, “N+1” and “2N” depending on the specific circumstances of termination.（2）N is calculated by multiplying the monthly average salary for the twelve months prior to terminating the labor contract with years of employment.（3）“N+1” = standard severance pay (N) plus one month’s average salary（4）The severance pay is limited to three times the average monthly salary in the lo

Severance Pay in China (I): Am I Entitled to Severance PayKEY TAKEAWAYS:–Theemployee is entitled to severance pay (“N” or “N+1”) under the circumstances of legal bilateral termination, failure of renewal, mass-layoff, bankruptcy, dissolution, health issues or injury, incompetency, significant changes.–The employee is entitled to “2N” of severance pay when the employer’s termination is not permitted under the law or violates the law.–Even if the termination is initiated by the employee,

Severance Pay in China (I): Am I Entitled to Severance PayKEY TAKEAWAYS:–Theemployee is entitled to severance pay (“N” or “N+1”) under the circumstances of legal bilateral termination, failure of renewal, mass-layoff, bankruptcy, dissolution, health issues or injury, incompetency, significant changes.–The employee is entitled to “2N” of severance pay when the employer’s termination is not permitted under the law or violates the law.–Even if the termination is initiated by the employee,

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