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:
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."
When Huang left Lippo to work at Commerce in 1994, he received a $788,750 severance package and continued his relationship with the firm.
Instead, to provide the comfort needed to induce Ovitz to give up his marvelous career as an agent, the compensation committee offered him a severance agreement.
Large severance packages are the dirty little secret of executive compensation, not merely at Disney, but at scores of companies.
Ovitz didn't engineer a $90-million severance package because he was proud of leaving Disney or his brainchild, Creative Artists Agency.
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