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Post Info TOPIC: Voluntary Resignation
Anonymous

Date:
Voluntary Resignation
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Hi,

 

I was recently given a document of a mutual agreement to terminate my contract with my employer.

He has offered me a 3 months salary compensation.

When I asked what will happen if I decide not to sign the agreement, I was told that I will then be retrenched as my position has become redundant.

I am the only employee in the entire company (+-20 employees) to get this.

 

My questions are:

Is it lawful for the company to do this?

If I do sign the agreement, can I claim UIF?

If I do sign the agreement, will the 3 months lump sum payment be taxable? 

 

Many thanks.



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