HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
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}
DLH: Union Rep: Laid Off 'Frozen' Animators Frozen Out Of Bonus. Apr 24, 16:48
Sounds like the laid-off workers already got a severance bonus. {nm} Apr 24, 16:51
It's called 'Severance' - not a 'Severance Bonus'. {nm} Apr 24, 17:11
As usual, you miss the point for the nitpick. They got a "severance" bonus, happy? {nm} Apr 24, 17:43
Not At All - Severance is required by Law when laying off Employees. US Dept. of Labor Link. 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} Apr 24, 17:59
Severance Pay Terms would be spelled out in their Union Contract. {nm} Apr 24, 18:01
Here is an example of a Disney Severance Pay Plan. Apr 24, 18:04
So you found an old document from 2001 on google. {nm} Apr 24, 18:08
An Example that shows Severance Pay outlined in a Disney Union Contract - called 'Severance Pay'. Apr 24, 18:12
That's not current and even if it was not all Disney employees are union. {nm} Apr 24, 21:02
It was an Example that established that 'Severance' was 'Severance Pay' and NOT a Bonus. {nm} Apr 24, 22:19
Steve Hulett clearly indicated that they were Members of IATSE Animation Guild Local 839. Apr 24, 22:22
Severance is NOT a Bonus - Give it a Rest. {nm} Apr 24, 22:47
ah, but is it required by law, as you claimed? {nm} 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. Apr 25, 07:21
1) The animators would have been hired by the production, not Disney. There is a difference {nm} 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} Apr 25, 06:27
Are we talking a severe bonus ..? {nm} Apr 25, 08:45