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Here is an example of a Disney Severance Pay Plan.

Posted by: RotoHockeyYTD2014 on Apr 24, 18:04 in response to Antibody's post Do you read what you link? "There is no requirement...

http://contracts.onecle.com/disney/severance.2001.05.15.shtml

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DLH: Union Rep: Laid Off 'Frozen' Animators Frozen Out Of Bonus. RotoHockeyYTD2014 Apr 24, 16:48

Sounds like the laid-off workers already got a severance bonus. {nm} Antibody Apr 24, 16:51

It's called 'Severance' - not a 'Severance Bonus'. {nm} RotoHockeyYTD2014 Apr 24, 17:11

As usual, you miss the point for the nitpick. They got a "severance" bonus, happy? {nm} Antibody Apr 24, 17:43

Not At All - Severance is required by Law when laying off Employees. US Dept. of Labor Link. RotoHockeyYTD2014 Apr 24, 17:56

Do you read what you link? "There is no requirement in the Fair Labor Standards Act (FLSA) for severance pay." {nm} Antibody Apr 24, 17:59

Severance Pay Terms would be spelled out in their Union Contract. {nm} RotoHockeyYTD2014 Apr 24, 18:01

Here is an example of a Disney Severance Pay Plan. RotoHockeyYTD2014 Apr 24, 18:04

So you found an old document from 2001 on google. {nm} Antibody Apr 24, 18:08

An Example that shows Severance Pay outlined in a Disney Union Contract - called 'Severance Pay'. RotoHockeyYTD2014 Apr 24, 18:12

That's not current and even if it was not all Disney employees are union. {nm} Moviesnob Apr 24, 21:02

It was an Example that established that 'Severance' was 'Severance Pay' and NOT a Bonus. {nm} RotoHockeyYTD2014 Apr 24, 22:19

Steve Hulett clearly indicated that they were Members of IATSE Animation Guild Local 839. RotoHockeyYTD2014 Apr 24, 22:22

You're the one talking about generalities. You don't know the specifics of this incident. In general, employees are at will and can be fired Moviesnob Apr 24, 22:42

Severance is NOT a Bonus - Give it a Rest. {nm} RotoHockeyYTD2014 Apr 24, 22:47

ah, but is it required by law, as you claimed? {nm} forlorne Apr 25, 04:18

But any severance pay is TAXED at the "bonus" rate in the USA, therefore it is considered a "bonus" from the Government's perspective. {nm} BSmurf Apr 25, 07:21

1) The animators would have been hired by the production, not Disney. There is a difference {nm} lapuckfan Apr 25, 06:26

2) There is no severance required by the 839 contract, so in this case it was optional and would be considered a bonus {nm} lapuckfan Apr 25, 06:27

Are we talking a severe bonus ..? {nm} JMT-NL Apr 25, 08:45





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