Compensation standard for cancellation of employees of subsidiaries

Legal subjectivity:

If the company terminates the contract, the employee requires the company to pay economic compensation. According to Item 5 of Article 44 and Item 6 of Article 46 of the Labor Contract Law, if the company is revoked, the labor contract between the company and its employees shall be terminated according to law, and the company shall pay economic compensation to the employees. In addition, if an employee is assigned to an affiliated company by the company after the cancellation of the company, the company may not pay economic compensation if the employee's length of service is calculated continuously; If the length of service is not calculated continuously, economic compensation shall still be paid. Article 44 of the Labor Contract Law shall be terminated under any of the following circumstances: (1) The labor contract expires; (two) workers began to enjoy the basic old-age insurance benefits according to law; (3) The laborer dies, or is declared dead or missing by the people's court; (4) The employing unit is declared bankrupt according to law; (5) The business license of the employing unit is revoked, ordered to close down or revoked, or the employing unit decides to dissolve in advance; (6) Other circumstances stipulated by laws and administrative regulations.

Legal objectivity:

Article 46 of the Labor Contract Law of People's Republic of China (PRC) is under any of the following circumstances, the employer shall pay economic compensation to the employee: (1) The employee terminates the labor contract in accordance with the provisions of Article 38 of this Law; (2) The employing unit proposes to terminate the labor contract with the laborer in accordance with the provisions of Article 36 of this Law, and the labor contract is terminated through consultation with the laborer; (3) The employer terminates the labor contract in accordance with the provisions of Article 40 of this Law; (4) The employer terminates the labor contract in accordance with the provisions of the first paragraph of Article 41 of this Law; (6) The labor contract is terminated in accordance with the provisions of Item 4 and Item 5 of Article 44 of this Law; (seven) other circumstances stipulated by laws and administrative regulations. Article 47 of the Labor Contract Law of People's Republic of China (PRC) * * * The economic compensation shall be paid according to the standard that the laborer pays one month's salary for each full year of working in this unit. For more than six months but less than one year, it shall be counted as one year; If it is less than six months, economic compensation of half a month's salary shall be paid to the workers.