1 year & 2 months in bny.
What will be severance package, in case of termination?

Managers/HR please provide your comments

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No one in India seems to know the severance. It's a mystery.

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Sg1 means

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No you are wrong . I knew it my colleague got laid off .

1 month salary for each year served + 2 months salary

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Kisi ke 5 saal hue to 5 mahine ka severance pay thodi na milega

likefunny

BNYM p3 - How much time your friend spent in bny ?

What about if I didn't complete a year

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As per SG1 No severance pay

No of months for each no of year served in bny

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SG1 and VP1 have contradictory points!

One person got sacked within 5 months from hiring.. I heard he was paid around 4x of monthly salary.. If I am not wrong this includes notice pay as well.. Not sure what was the payout for long timers

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Someone from labour ministry should answer these queries ? Let's ask PMO !!

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Severance period is not across all globally, so it varies. Also to note if termination is on grounds of performance or behavior including RTO policy no payments will be done

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I worked with BNY for 8 months only. I got 6 months severance + notice period pay.

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