A number of people all across the globe still believe that severance pay is highly dependent on whether or not the employer agrees to pay the money that they had promised to give the employee in case they get laid off. The truth however is that when you get laid off you have a right over a Severance Pay that was promised by the employer, and if your employer is denying providing you with this severance pay then you can always get in touch with legal authorities and get your rightful money.
Severance pay is something that you should definitely claim if you have been laid off because this is something that can help you get back on your feet and can also ensure that you will be able to manage your finances smoothly until you find something new. Some employers even provide their employees with severance pay even if the employee chooses to leave the organisation. However, in such situations you cannot claim for your severance pay because you were not laid off and it depends on the employer if they want to provide you with the severance pay or not. Most employers end up providing their employees with severance pay mainly because they prefer to maintain healthy relationships with them and they also like to establish a reputed name in the market.
You can always discuss the terms of your severance pay at the time of joining and it is always better for you to have these terms cleared out at the start so that you have no problems with claiming the money and you are able to get the severance pay soon after you leave the organisation. If you are not too sure about how much severance pay you should ask for then you can consult some legal authorities who can help calculate the right amount.