Examples of 'severance payment' in a sentence
Meaning of "severance payment"
A severance payment, also known as a severance package or severance pay, is a financial compensation given to an employee who is laid off, terminated, or whose employment is otherwise severed by the employer. It is intended to provide financial support during the period of transition between jobs
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- Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver.
How to use "severance payment" in a sentence
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severance payment
She will give you a severance payment.
The severance payment of a probationer dismissed on grounds of manifest incompetence.
I thanked you for the severance payment.
Your severance payment.
Monegan had received no severance payment.
This severance payment would not be payable in the event of resignation or retirement.
The city gives the bishop a severance payment.
Jackson will receive severance payment and health insurance for one year.
You owe me back wages and even a severance payment.
This enhanced severance payment has now become the practice at the Mission.
I properly received a severance payment.
The severance payment for Mr.
Some employers will provide a severance payment upon retirement.
Veterans can submit a claim based on the actual amount of their disability severance payment.
Accept this as severance payment.
See also
Severance payment Travel costs.
This is not a severance payment.
If the employer does not renew the contract, however, it must provide severance payment.
Salary payments Severance payment.
Big firms will continue firing if they consider it convenient, even with a double severance payment.
Will you receive a severance payment from your employer?
Michael Mack did not receive a severance payment.
No severance payment was made to Mr. Alexandre de Juniac.
The employer must withhold payroll tax on the severance payment withholding tax.
No severance payment to a managing director may exceed 12 months' salary.
Now, there will not be any issues with your severance payment.
Mr. Moonves will not receive any severance payment from the Company . ”.
No agreement with members of the Board of Directors foresees a sign-on or a severance payment.
In most cases, the terminated employee is entitled to severance payment ( as mentioned above ).
No employment contract with members of the Executive Committee foresees a sign-on or a severance payment.
Well, this is Paloma 's severance payment.
Under the circumstances, I thought it only fair to offer you a severance payment.
She will fire me . She will give you a severance payment.
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Examples of using Severance
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Full severance package and a book deal
The employee is entitled to a severance package consisting of
Your severance checks will be mailed to you
Examples of using Payment
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Deviating payment targets are listed in the invoice
Conditions and modalities for reimbursement or payment
The payment is to be made without any deductions
