Hope you can help out for my situation and clarify a few points.
My company (a large international financial institution) has given me a termination letter dated in 3 months (as that is my notice period). I was well aware of this termination letter beforhand as my division is being sold to another company, so there would be no more work for us here.
In my company, there are global policies in place that we thought would apply. However it seems that the company (here in HK) is now taking a stance that we should only get what the HK law prescribes and anything over and above that minimum is completely voluntary by the company. Is it that global policies do not apply in redundancy processes?
Second question: Once the company has terminated me, do they have the right to retract such a termination without my agreement? (i am due quite some severance pay, which i do not want to lose)
Last question: Do i have any legal right towards bonuses for 2009 that the company will announce end of Feb? Is there some term that even a terminated person has a right to it and if yes, that i would have to be trated non-discriminatory?
Thanks for any feedback