Traditional Culture Encyclopedia - Photography major - What does N+ 1 mean for the compensation of dismissed employees?

What does N+ 1 mean for the compensation of dismissed employees?

1.N+ 1 Compensation refers to the compensation standard based on the length of service and one month's salary. Here n stands for the length of service of workers, that is, employees are paid one month's salary every year of service; 1 stands for extra pay here. For example, workers have five years and three months of service, and n stands for five and a half months' salary; 1 stands for one more month's salary, that is, the compensation standard for six and a half months' salary. 2.N+ 1 Compensation is limited to three situations, namely: 1, the employee is sick or injured at work, and can't engage in the original job, and the unit can't arrange other jobs and dismiss the employee immediately. If the employee is not notified in writing 30 days in advance, the employer must pay an extra month's salary after the termination of the labor contract according to the general compensation standard, and can work with the employee. This worker is not qualified for this job. When the post of an employee changes greatly, the technical update of the employee may not be timely, or for other reasons, the employee is not qualified for the original post, and the unit is not qualified after training. If the unit immediately notifies the employee to terminate the labor contract without notifying the employee in writing 30 days in advance, it must pay an extra month's salary after giving general compensation in accordance with the provisions of the Labor Law. 3. Significant changes have taken place in the employing unit, resulting in changes in the circumstances on which both parties originally concluded the labor contract, which makes it impossible for both parties to continue to perform the labor contract. If the employer notifies the employee to terminate the contract, it needs to adapt to the compensation standard of N+ 1 For example, after the Shenzhen company moved to Dongguan, local employees in Shenzhen could not go to Dongguan to work and live, and the two sides could not reach an agreement on this and needed to pay an extra salary compensation.