SEVERANCE/COMPENSATION PAYMENTS
In line with Myanmar Labour Law, hbs Myanmar pays severance/ compensation payments as follows:
(i) Duration of employment of more than 6 months ½ monthly salary
(ii) Duration of employment of more than 1 year 1 monthly salary
(iii) Duration of employment of more than 2 years 1 ½ monthly salaries
(iv) Duration of employment of more than 3 years 3 monthly salaries
(v) Duration of employment of more than 4 years 4 monthly salaries
(vi) Duration of employment of more than 6 years 5 monthly salaries
(vii) Duration of employment of more than 8 years 6 monthly salaries
(viii) Duration of employment of more than 10 years 8 monthly salaries
(ix) Duration of employment of more than 20 years 10 monthly salaries
(x) Duration of employment of more than 25 years 13 monthly salaries