Monday, December 22, 2008

Laid Off? See What You Get

This seems to be the layoff season rather than holiday season. While many companies have issued pink slips to many of their employees many are still planning to do it.

But it is the poor employees who are suffering even it’s not their mistake. The number of jobless is increasing everyday.

What happens to an employee when he is laid off? What about his bills and expenses? We have some benefits for the unemployed which may help them sail through this. Recently government has approved a bill which pays additional benefits to the unemployed including additional 20 week pay.

People can cash on their unused leaves, but many times it depends upon the company and its policies.

Companies are entitled to reimburse the expenses made by the employees, in most situations.

All these deal with what you get. People should be well prepared for any situations as the present conditions are unable to be predicted.

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