Is ex gratia the same as severance?

Special staff severance payments (known as Settlement Agreements) are ex-gratia payments paid to employees outside of normal contractual requirements when leaving the employment of the Trust and a termination of contract is agreed.

What is an example of ex gratia?

For example, suppose any company is having an awful experience and want to reduce its number of staff. In that case, they must pay legal compensation to the employees before laying them off. If the company pays an additional amount out of their wish, this is termed ex gratia meaning.

What is ex gratia application?

An Ex Gratia application is considered in cases where members incur exceptional medical expenses not covered by the benefits available and/or the rules of the Scheme and as a consequence the member has experienced, or is likely to experience, financial hardship.

What is an ex gratia payment for?

An ex gratia payment is a termination payment paid to an employee by an employer in a situation where the employer is not obligated to do so. Ex gratia payments are, therefore, gestures of goodwill on behalf of the employer outside of your contract of employment.

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Ex Gratia Application Form - Namibia Medical Care 2020

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