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Severance package

en.wikipedia.org/wiki/Severance_package

A severance package is pay and benefits an employee receives when he or ... Severance pay is not required if the employee was terminated with "just cause.".

Severance: Why do employers offer severance packages and what ...

www.shrm.org/templatestools/hrqa/pages/whyemployersofferseverancepackages.aspx

Dec 11, 2012 ... Some employers choose to offer severance pay to employees who are terminated, either involuntarily or voluntarily. The primary reasons for ...

Severance Pay Laws: Does It Make Sense to Offer Severance Pay ...

smallbusiness.findlaw.com/employment-law-and-human-resources/severance-pay-laws-does-it-make-sense-to-offer-severance-pay.html

In a majority of situations, severance pay laws do not require employers to offer ... benefits if they were terminated for reasons other than serious misconduct.

Should You Offer Severance Pay? | Nolo.com

www.nolo.com/legal-encyclopedia/should-you-offer-severance-pay-29796.html

Many employers routinely give severance packages to long-term employees who are fired for reasons other than serious misconduct, even if they are not legally ...

jobsearch.about.com/od/jobsearchglossary/g/severance.htm
For example, it could be a week's pay for every year or service or a flat amount based on six weeks pay, or any other amount determined by the employer. There is no requirement in the Fair Labor Standards Act (FLSA ) for severance pay. Caitlyn was paid a week's salary... More »
By Alison Doyle, About.com Guide

Why Severance? — Evil HR Lady

evilhrlady.org/2007/04/why-severance.html

Apr 13, 2007 ... Companies pay severance because it's cheaper than being sued for ... Another reason for severance is to compensate for non-compete ...

Why an Employer Might Want to Provide Severance Pay

humanresources.about.com/od/glossarys/a/severance_pay.htm

Normal circumstances that can warrant severance pay include layoffs, job elimination, and mutual agreement to part ways, for whatever reason. Severance pay ...

3 Severance Pay Questions Every Employee Should Ask - US News

money.usnews.com/money/blogs/outside-voices-careers/2012/05/08/3-severance-pay-questions-every-employee-should-ask

May 8, 2012 ... If you quit your job, however, you'd be ineligible for severance pay. Here are three severance ... 3 Reasons to Eat Lunch With Your Co-Workers.

What To Do When You Have Been Offered A Severance Package ...

www.raymondlawgroup.com/What-we-are-up-to-Articles/What-To-Do-When-You-Have-Been-Offered-A-Severance-Package.shtml

A severance package is pay and benefits that an employee is offered when they ... According to one recent survey, the number one reason is to avoid a future ...

Severance Pay - Does my employer have pay it?

employment-law.freeadvice.com/employment-law/firing/severance_employer.htm

There is generally no requirement that severance or termination pay be given ... such pay or unless there is another specific reason a severance package would ...

Popular Q&A
Q: How to Collect Severance Pay.
A: Some employers give severance pay when they let you go from the company in order to prevent lawsuits. The employer will ask you to sign a severance pay agreemen... Read More »
Source: www.ehow.com
Q: How to Calculate Military Severance Pay.
A: When a service member involuntarily leaves the military with an honorable discharge, he may be eligible for military severance pay. This one-time payout was ins... Read More »
Source: www.ehow.com
Q: When is severance pay entitled.
A: It's never entitled. It depends on the company or employer that you work for as to whether it is given out or not. It is usually a part of the entire benefits p... Read More »
Source: www.answers.com
Q: What is severance pay?
A: n. A sum of money usually based on length of employment for which an employee is eligible upon termination. Read More »
Source: www.answers.com
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A: It can be anything from menstrual cramps to E. Coli infection. Check Webmd.com to check all symptoms. Cha Cha! Read More »
Source: www.chacha.com