💡Severance Pay የስራ ስንብት ክፍያ/የአገልግሎት ክፍያ አሰራር Severance Pay

#የስራስንብትክፍያ #የአገልግሎትክፍያ #የስራስንብት #የአገልግሎት #ደመወዝ #የአገልግሎትክፍያሂሳብአሰራር #severancepaymentcalculationinethiopia #severance #ስንብት #severancepay #incometax #basicsalary #proratedsalary
SEVERANCE PAY
A worker who has completed his probation period and who is not eligible for pension shall have the right to receive severance pay from the employer where:
a) His contract of employment is terminated because of permanent cessation of operation of the Undertaking due to bankruptcy or for any other cause;
b) His contract of employment is terminated by the initiation of the employer in violation of the law;
c) He is reduced as per the conditions prescribed under this Proclamation;
d) Where the worker resigned due to sexual harassment or sexual violence by the employer or managerial employee; or where such act was committed by a co- worker and the incident was reported to the employer but the latter failed to take appropriate measure in due time;
e) He has terminated his contract of employment because of the employer’s maltreatment affecting his human dignity or morale or constituting a criminal offence under the Criminal Code;
f) He has resigned due to failure of the employer to take measures despite being informed of a threat to his safety or health;
g) His contract of employment is terminated because of his partial or total disability as certified by medical board;
h) Where he has given service to the employer for a minimum of five years’ service and his contract of employment is terminated because of sickness or death or his contract of employment is terminated on his own initiative provided that he has no contractual obligation relating to training to render service to the employer;
i) His contract of employment is terminated on his own initiative because of HIV/AIDS.

A prorated salary, or pro-rata salary,
is a salary calculation that adjusts for an employee working a portion of a regular pay period. It's used when someone starts or leaves a job, takes unpaid leave, or switches to part-time or full-time status during a pay period. Essentially, the employee is paid a fraction of their normal salary based on the actual time they worked during that period.