How to compensate the company for layoffs?

First, how to compensate the company for layoffs?

1. If the company lays off employees, the employer needs to pay economic compensation according to law. Economic compensation needs to be determined according to the employee's working years in this unit. Every year of work, the employer needs to pay the employee one month's salary.

2. Legal basis: Article 47 of People's Republic of China (PRC) Labor Contract Law.

The economic compensation shall be paid according to the number of years the laborer has worked in this unit and the standard of paying one month's salary every full year. For more than six months but less than one year, it shall be counted as one year; Employees less than six months, pay economic compensation for half a month of socks.

If the monthly salary of workers is three times higher than the average monthly salary of local workers announced by the municipal people's government of the municipality directly under the central government or the district where the employer is located, the standard for paying economic compensation to workers is three times the average monthly salary of workers, and the longest period for paying economic compensation to workers shall not exceed 12 years.

The monthly salary mentioned in this article refers to the average salary of workers in the twelve months before the dissolution or termination of the labor contract.

Second, can the unit dismiss the workers at will?

1, the unit cannot dismiss workers at will. The employing unit must terminate the labor relationship according to legal reasons and notify the workers one month in advance. In case of economic layoffs, it is necessary to explain the situation to the trade unions and all employees 30 days in advance, listen to the opinions of the trade unions or employees, and report to the labor administrative department before proceeding.

2. The employing unit shall not arbitrarily reduce employees on the grounds of serious difficulties in production and operation. Laid-off enterprises must meet the standards of difficult enterprises stipulated by the local government, and notify the workers to terminate their labor relations one month in advance. The actual termination of labor relations must be one month after the written notice to the employee. During the period of dismissal, workers can still ask to continue working and get normal labor remuneration and related benefits.