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How does Micron pay for Xi 'an's layoffs?
According to the provisions of the Labor Law of People's Republic of China (PRC), an enterprise shall pay economic compensation and compensation to its employees in a timely manner according to the wage payment method agreed in the labor contract or collective contract, and the one-time economic compensation for laid-off workers shall not be less than twice their salary last month. If your monthly salary is 5000, then the redundancy compensation is 5000 times 2, which is 10000 yuan.
Enterprise layoffs should abide by relevant laws and regulations, and the termination of labor contracts should be reasonable, fair and transparent. While avoiding risks for enterprises, we should also consider the livelihood, employment and rights of employees and strive to achieve balanced development.
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