severance

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Related to Severance package: severance agreement, severance pay
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  • noun

Synonyms for severance

Synonyms for severance

a personal or social separation (as between opposing factions)

the act of severing

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References in periodicals archive ?
The previous year severance packages cost the authorities more than PS13m for 651 employees who left.
Grassley, however, said severance packages are for involuntary separations, not willing exits.
If you currently are not subject to a non-compete and are now being asked to sign one as part of your severance package, consider your options.
Atkinson declined to give the amount or details of the severance package.
The severance package reportedly includes payouts of USD2,000 per year for each year served with the company up to a maximum number of 25 years.
When asked whether their current position included a severance package, a very high percentage (67 percent) of respondents reported that it did not.
I agree with a letter writer to the Saskatoon Star Phoenix who asks how Jim Pankiw, Saskatchewan's most infamous federal parliamentarian, could receive a $70,000 severance package (this on top of his healthy pension) for stirring division and pandering to society's most base prejudices?
Bush's running mate in 2000, Dick Cheney resigned as Halliburton's CEO, receiving a $36 million severance package.
As she contemplated the possibility of walking away with a severance package worth $500,000, Peterson realized that she needed to sit down with a financial advisor.
They would like a 75 factor for workers who are close to a pension, and a better severance package for the employees.
SPRINGFIELD - In this jittery economy, workers might take comfort in assuming that if they are laid off, their years of service will be rewarded with a generous severance package.
While employers need to prepare thoroughly for a meeting with a terminated employee, it is not enough to offer a great severance package, the FOCC says.
Outplacement services are often offered to a former employee as part of a severance package.
The council also approved a severance package for most employees involved in the changeover.
In accepting the severance package review all options in determining whether the package is a fair settlement.