Wow! Hubby got what we would call a very sweet deal. I've no idea what the laws are about letting go of staff after a buyout these days. Back in my day, which was twenty years back, it could be hard to fire someone, but with some period of documentation, you could be fired and out on the street with a small amount of money to soften the blow.
It's pretty common here to pay between a half and a full month's salary for each year one was with the company for such an agreement, and Hubby was with them for 12 years.
Now we hope that Corona doesn't destroy the company and they will still be able to pay that much money at the end of July.
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Now we hope that Corona doesn't destroy the company and they will still be able to pay that much money at the end of July.
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