Guam Severance Compensation Program

State:
Multi-State
Control #:
US-CC-15-148J
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Word; 
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Description

This is a Severance Compensation Program, to be used across the United States. A severance program provides for a compensation plan following either the firing or laying off of an Employee. It should be used as a model and be modified to fit your own particular needs.

The Guam Severance Compensation Program is a government-initiated program designed to provide financial assistance to eligible employees who have been terminated from their jobs due to certain circumstances on the island of Guam. This comprehensive program aims to provide essential monetary support to workers who have faced job loss, ensuring they can navigate through the transitional phase smoothly and sustain their livelihoods. The Guam Severance Compensation Program offers various types of compensation based on the specific circumstances of the employee’s termination: 1. Reduction in Force (RIF) Severance Compensation: This program category covers employees who have suffered job loss due to organizational downsizing, restructuring, or budgetary constraints. The program aims to provide eligible individuals with a fair severance package to alleviate any financial distress resulting from sudden unemployment. 2. Base Realignment and Closure (BRAD) Severance Compensation: This program category caters to workers affected by military downsizing or restructuring efforts, particularly related to the relocation or closure of military bases on Guam. BRAD Severance Compensation helps these employees by providing financial assistance through severance packages in order to support their transition to alternative employment opportunities. 3. Merit Systems Protection Board (MSB) Severance Compensation: This program category is specifically designed to assist employees whose termination was deemed as wrongful or unfair. It offers compensation to eligible individuals who have successfully appealed against their termination through the MSB, a federal agency responsible for protecting the rights of federal employees. 4. Voluntary Separation Incentive (VS) Severance Compensation: This category is applicable to employees who voluntarily leave their positions based on an authorized incentive program. The program encourages individuals to resign voluntarily and offers financial compensation as an incentive to relieve any financial strain during their career transition. The Guam Severance Compensation Program is administered by the Guam Department of Labor, which establishes the eligibility criteria, application procedures, and benefits associated with each program category. It is essential for affected employees to carefully review the specific program guidelines to determine their eligibility, required documentation, and the amount of compensation they may be entitled to under each category.

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FAQ

Full Time Employee: A full time employee is one who has been hired for a period of 26 consecutive weeks or more, for a minimum of 40 hours a week. A full time employee is eligible for full benefits.

The Family and Medical Leave Act (FMLA) provides certain employees with up to 12 weeks of unpaid, job-protected leave per year. It also requires that their group health benefits be maintained during the leave.

Family and Medical Act ? FMLA Employees are entitled to take up to a total of 12 workweeks in any 12 months for Family Care and Medical leave. Employers with less than 20 employees are entitled to refuse to grant family care and medical leave to the employees.

What is FMLA leave? The Family and Medical Leave Act (FMLA) is a federal law that provides eligible employees with job-protected leave for qualifying family and medical reasons. The U.S. Department of Labor's Wage and Hour Division (WHD) enforces the FMLA for most employees.

Although federal law does not require private sector employers to provide paid family or medical leave to their employees, some employers offer such paid leave to their employees as a voluntary benefit.

All employees except department or agency heads and Deputy Directors, shall be entitled to night differential pay, calculated at the rate of their regular wage plus 10% for all periods worked between the hours of p.m. and a.m., provided that they work a minimum of (4) consecutive hours within that time period ...

The U.S. territory of Guam also has right-to-work laws. Other states have similar legislation on their books. For example, New Hampshire's labor laws have a provision that prohibits any person from forcing another to join a union as a condition of employment.

The last time Guam raised its minimum wage was on Sept. 1, 2021, making it $9.25 an hour. That's when the second 50-cent increment of a $1 increase went into effect.

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Government of Guam Employee · Government of Guam Employer. Forms. Private. GWC ... GWC-208: Notice of Suspension or Termination Payment of Compensation · GWC-210 ... COMPENSATION PLAN: A compilation of all classes of positions in the classification plan setting forth their assignments of pay grades in accordance with ...Jun 30, 2022 — For termination benefits provided under the parent's pre-existing severance plan, a ... Guam, Guatemala, Guernsey, Guernsey, Guinea, Guinea-Bissau ... Nonqualified deferred compensation plans. You are not required to complete box 12 with code Y (Deferrals under a section 409A nonqualified deferred compensation. Jun 30, 2022 — As a general rule, severance benefits provided pursuant to an ongoing plan will be accrued when probable and reasonably estimable, whereas one- ... To claim preferential hire, you must submit your eligibility letter from the University of. Guam Financial Aid Office, along with your job application. This handbook summarizes the major human resources (HR) flexibilities and authorities in the. Federal Government and is intended as a reference material for ... AN ACT TO ADD CHAPTER 8 TO DIVISION 1, TITLE 22, GUAM. CODE ANNOTATED CREATING, "GUAM MILITARY SERVICE. RELIEF ACT OF 2005". 1. BE IT ENACTED BY THE PEOPLE ... May 11, 2022 — This bill increases the federal minimum wage for regular employees over a 5-year period, for tipped employees, and for newly hired employees who ... To controvert the claim, the agency must complete the indicated portion of Form CA-1 and submit detailed information in support of the controversion to the OWCP ...

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Guam Severance Compensation Program