My dear Amaurisimo, I studied business in college, and have been in the corporate world for a few years, and even witnessed people losing their jobs.
I am not debating that he should be paid compensation, as we were the ones who decided to terminate his contract. However, my friend who was recently laid off got 6 months compensation (no bonuses, nothing else). Ranieri should just get what he is owed, which is probably his salary for the final year on his contract. Any other performance related bonuses should have already been paid out, prior to the begining of this season, as it is based on last year's performnace. As for the current season, I don't believe he should be rewarded for anything, as he hasn't accomplished what he was meant to achieve.