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The recession is leading to more layoffs and leaner severance packages. But more employees are now negotiating the terms of their exit ... As the economic slump persists, companies are becoming stingier with the severance packages they offer laid-off workers. At the same time, more employees are asking their firms to tweak...
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Layoff - What to expect in severance packages. ... Here's what you might receive in a severance package. Please keep in mind that it may differ from yours, depending on your ex-employer's policy. Severance packages are benefits. With few exceptions, providing benefits is optional for employers.
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Severance package info, including severance pay, employment separation agreement, health, COBRA, life, disability and unemployment insurance, retirement plans, stock options and outplacement services. ... Severance Package, Part 2...
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A severance package may have several types of benefits. Some severance packages contain just money payments. Others contain additional "perks" - such as free enrollment in job training or placement services.
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In a move that echos struggling US wireless carrier Sprint (NYSE: S)’s Motorola (NYSE: MOT)’s bid to help stave off compulsory job cuts, the world’s largest mobile phone maker has announced plans to offer severance packages to the first 1,000 employees who volunteer to resign their posts.
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Severance package - Wikipedia, the free encyclopedia
A severance package is pay and benefits an employee receives when they leave employment at a company. In addition to the employee's remaining regular pay, it may include some of the following: • An ...
en.wikipedia.org/wiki/Severance_package |
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