A severance package is pay and benefits employees receive when they leave
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You've just been notified of your last day of employment. Your supervisor hands
you a severance agreement and release and your mind is flooded with ...
Severance pay is often granted to employees upon termination of employment. It
is usually based on length of employment for which an employee is eligible ...
May 8, 2012 ... Due to the growing number of layoffs that have occurred at companies
nationwide over the last few years, severance pay is a hot topic.
There are many employers that often give severance packages to long-term
employees that have been with the company for a substantial period of time,
What if I'm rehired by my employer after I take a severance package? ... required
to offer severance by law, they are free to set the terms of their severance plans, ...
Find out what a severance package typically includes and what rights you might
.... can check to see if your state offers short-term or long-term disability benefits.
However, in most cases, an employer is free to condition severance on the
employee signing the agreement. In other words, if the employee refuses to sign,
Aug 29, 2016 ... Severance pay is money that an employer might want to provide for an employee
who is leaving their employ. Normal circumstances that can ...
... laid off from a long term job your employer may offer you severance pay, also
called a ... Severance pay can include a lump sum payment, a period of
continued ... of intolerable working conditions can also negotiate for more
severance pay ...