Words similar to severance
Example sentences for: severance
How can you use “severance” in a sentence? Here are some example sentences to help you improve your vocabulary:
With each laid-off worker receiving eight months' pay plus one week for every year of service, and company-funded retraining to boot, one union observer called it "by far the best severance settlement apparel workers have ever gotten."
Only if he were fired would the severance provisions come into play.
The Los Angeles Times , WP , and NYT all cover this ground, but it's the latter that seems particularly attuned to the quantitative details of Mr. Huang's own finances, revealing that he received a "salary of about $90,000 a year and annual bonuses of about $230,000," and that when Huang left Lippo for the Clinton administration, "he was given severance pay of more than $450,000, a figure that included the book value of the company car he was allowed to keep, a 1988 Mercedes Benz."
Large severance packages are the dirty little secret of executive compensation, not merely at Disney, but at scores of companies.
But a huge severance package is for failing.