Landmark Decision From the Supreme Court! Sales Commissions Will Be Included in Severance Pay Calculations.
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A decision has been announced regarding bonus earnings that will increase severance pay. The Supreme Court ruling affects millions... It decided that the severance pay of employees who earn additional income from sales targets and similar activities in addition to their salary should be calculated by taking the average of these earnings.
The 9th Civil Chamber of the Supreme Court of Appeals ruled that bonuses that vary according to sales targets cannot be excluded from the calculation of the gross wage used for severance pay. The ruling stated that the bonus must be the same amount each month...Click here for more.
The Supreme Court has issued an important ruling concerning the calculation of severance pay for employees who receive variable bonuses based on sales targets in addition to their salary. The Court ruled that the failure to pay bonuses regularly and in the same amount each month is not sufficient grounds for excluding them from the calculation; instead, the average monthly amount of bonuses received over the past year should be added to the empl…
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