severance payment

Examples (10)

• He received a generous severance payment when his contract was terminated.
• The company offered a severance payment to all employees affected by the restructuring.
• Without a formal contract, securing a severance payment can be challenging.
• The amount of the severance payment often depends on years of service.
• She used her severance payment to start her own business.
• The union negotiated a fair severance payment for the factory workers.
• Is a severance payment typically taxed as regular income?
• Many employees hope for a substantial severance payment if they are laid off.
• His lawyer advised him on the details of his severance payment agreement.
• A good severance payment can provide a financial cushion during unemployment.