Separation Pay Cannot be Awarded to Validly Dismissed Employee
Separation pay is awarded based on Labor Code or was ordered to be granted by the Court, as follows: Separation pay as provided in Articles 298 and 299 of the Labor Code. Separation pay in lieu of reinstatement. Separation pay as a form of financial assistance pursuant to any agreement, practice or policy of the company. Separation pay based on equity or social justice. (See page 346, Guide to Valid Dismissal of Employees, 2nd Edition by Atty. Villanueva) Separation pay based on equity or [...]
