An employee who is dismissed is entitled to statutory severance pay if he at least 8 months' seniority. This fee is calculated from the day on which the employer sends the registered letter of ...

However, before accepting a lump sum severance payment, it’s worth considering the benefits of requesting to spread out your severance package over a longer period. And this tip is not just ...

Calculate the total amount of your existing debts, their interest rates, payment amounts and due dates to understand what you’re up against. This can help you choose a lender or credit card ...

If you're financing your home purchase with a mortgage, the down payment is the up front amount ... formula — and probably the easiest one to calculate— is to keep your home budget to no ...

You buy an annuity either with a single payment or a series of payments ... The information you’ll need to calculate present value of an annuity includes: Something to keep in mind when ...

Still, severance packages usually include some or all of a common set of offerings: financial payment, continued access to health care and other benefits, job-search assistance and mental health ...

It can be challenging to save enough for a down payment, given how much houses ... to find applicants and calculate scholarships. Here’s how that affects the price you pay.

If your income varies from month to month, calculate the average amount over the last six months to a year and use that amount as your monthly take-home pay. In general, your car payment shouldn ...

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