Bonus Pay, Severance, and Commission FAQ
- 1. What constitutes an earned bonus under the Wage Payment and Collection Act?
- 2. What constitutes severance pay under the Wage Payment and Collection Act?
- 3. Am I entitled to severance pay upon termination of employment?
- 4. What constitutes a commission and what commissions am I owed when I terminate employment?
1. What constitutes an earned bonus under the Wage Payment and Collection Act?
See Section 300.500.
3. Am I entitled to severance pay upon termination of employment?
Only if there is an agreement between employee and employer providing for the payment of severance pay and the conditions have been met.