Re:Yahoo employees: Get out now before the vultures descend
by tomkarlo on Friday September 16, 2011 @11:21PM
(#3007143)
There's no minimum severance (at least at the national level), as far as I know. (http://www.dol.gov/dol/topic/wages/severancepay.htm) ... In theory it could be in your contract, but I personally can't recall ever seeing a contract that had such a clause. The standard is "at will" - if you come in to work one day and they don't need you any more, that's it, just the same as you don't really have to give two weeks notice when you leave (but most people do for the sake of the relationship.)
I see, this is news to me.
I'm Canadian so I guess the laws can certainly be different, but I was under the impression that 2 weeks was a minimum severance required by law.
I've never seen less than a month, I guess this could be enforced by employment contracts. I know it's been in every one I've signed:)