What is the name of your state (only U.S. law)? PA
If an employee is laid off in PA and receives the following severance package, can she still collect Unemployment benefits? You can assume all other Unemployment eligiblity requirements are met: 52 Weeks of base salary, 4 weeks of vacation pay, $5K (intened to hekp offset the costs of COBRA put paid as a straight cash payment that the employee can do with whatever she wishes). The severeace package does not include any portion of her incentive compensation which usually equeates to about 60% of her base salary.
If she is eligible, when can she begin collecting? How long can she collect? How much can she collect? I know this last question is dependent on her income. What is the formula used for this calculation and is it based only on base salary or does incentive compensation factor in too?
If an employee is laid off in PA and receives the following severance package, can she still collect Unemployment benefits? You can assume all other Unemployment eligiblity requirements are met: 52 Weeks of base salary, 4 weeks of vacation pay, $5K (intened to hekp offset the costs of COBRA put paid as a straight cash payment that the employee can do with whatever she wishes). The severeace package does not include any portion of her incentive compensation which usually equeates to about 60% of her base salary.
If she is eligible, when can she begin collecting? How long can she collect? How much can she collect? I know this last question is dependent on her income. What is the formula used for this calculation and is it based only on base salary or does incentive compensation factor in too?