Newspaper article China Post

Staff Demand Improved Severance

Newspaper article China Post

Staff Demand Improved Severance

Article excerpt

(ProQuest: [...] denotes non-USASCII text omitted)

TAIPEI, Taiwan -- Dozens of former TransAsia Airway's staff camped outside the home of chairman Vincent Lin ([...]) Monday to demand improved severance packages.

A NT$600 million fund to cover employees' salaries and redundancy payments was set up following an order from the Labor Ministry and the Taipei City Government's Labor Department.

Employees' November salaries were paid on Nov. 30, and severance money was scheduled to be transferred within 15 days of dismissal - 15 days earlier than the 30-day advancement mandated by the Labor Standards Act, the airline said.

Severance payments were calculated by standards more favorable to the employees than those stipulated by the labor law, TransAsia said.

Employees who had been with TransAsia for more than three years would also enjoy severance deals better than the legal minimum. …

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