Being dismissed from a job can be stressful, but knowing your rights and what you’re entitled to can make a big difference. So, does the company still pay you after dismissal? The answer is: it depends.
Here are the common types of payouts you might receive:
Notice Pay
If your employer doesn’t give you proper notice before letting you go, they may be required to pay you for that notice period. This is called payment in lieu of notice ; basically, what you would have earned if you’d worked through the notice time.
Severance Pay
In some cases, companies offer severance packages, especially if you’ve been employed for a long time. This is a lump-sum payment based on your length of service, salary, and sometimes the reason for your dismissal.
Payment for Unused Leave
If you have any unused vacation or annual leave days, the company usually has to pay you for them. That’s money you earned don’t leave it behind!
Pension or Retirement Benefits
If you were contributing to a pension fund or retirement plan, check if you’re entitled to any benefits or withdrawals when you leave.
Additional Benefits
Some companies may continue certain benefits for a while after dismissal, such as medical aid, dental coverage, or life insurance ; but this depends on their policy.
Know Your Rights
Every case is different. Your payout depends on your employment contract, company policies, and labor laws in your country. If you’re unsure, it’s a good idea to speak to an employment advisor or lawyer for personalized guidance.
Bottom line: Yes, you can get paid after dismissal ; but it’s not automatic. Know what to expect so you can leave with everything you’re owed.