Severance package
id:
severance-package-188-4997210
title:
Severance package
text:
A severance package is pay and benefits that employees may be entitled to receive when they leave employment at a company unwilfully. In addition to their remaining regular pay, it may include some of the following:
- Any additional payment based on months of service
- Payment for unused accrued PTO vacation time, holiday pay or sick leave unless the employee is picked up by the new buyer wherein all benefits become the responsibility of the new employer.
- COBRA insurance, or healthcare b
brand slug:
wiki
category slug:
encyclopedia
description:
Pay and benefits an employee receives from their employer upon dismissal or layoff
original url:
https://en.wikipedia.org/wiki/Severance_package
date created:
2006-03-27T16:22:05Z
date modified:
2024-09-08T19:07:26Z
main entity:
{"identifier":"Q320033","url":"https://www.wikidata.org/entity/Q320033"}
image:
fields total:
13
integrity:
15