If a position is involuntarily reduced from full-time to part-time, is the employee eligible for severance?
If the employee’s compensation is reduced to less than two-thirds of the original base pay, the employee will be eligible for severance pay on the amount of compensation that is being eliminated. For example, a 100% FTE employee whose appointment is reduced to a 50% FTE appointment would be eligible to receive 50% of their salary for the severance period.
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- If a position is involuntarily reduced from full-time to part-time, is the employee eligible for severance?