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 employer is declared bankrupt according to law.
Tips: The above information is for reference only and does not represent any suggestions.
Reply time: 202 1-02-22. Please refer to the latest business changes announced by Ping An Bank in official website.
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