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For example, a much longer commute could affect your life in ways you haven't considered. If the new job involves a lot more travel, you may tire of it quickly. Conduct some due diligence to help ...
The woman who quit "the right way" will discover that she lost a boss but found a long-term champion of her success. The other employee may as well be dead to me. Show comments
A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...
Some fringe benefits (for example, accident and health plans, and group-term life insurance coverage up to $50,000) may be excluded from the employee's gross income and, therefore, are not subject to federal income tax in the United States. Some function as tax shelters (for example, flexible spending, 401(k), or 403(b) accounts).
In addition, employees who lost group health insurance due to reduced work hours on or after Sept. 1, 2008, followed by involuntary termination between March 2 and March 31, 2010, will now be eligible for the COBRA subsidy. [23] The Continuing Extension Act of 2010 extends premium assistance for COBRA benefits through May 31, 2010. [24]
Many group life insurance policies come with an “actively at work” requirement, which means if you’re not on the job — whether you quit, were fired or are out due to illness or injury ...