Severance Pay Definition

noun
A sum of money usually based on length of employment for which an employee is eligible upon termination.
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Synonyms:

Severance Pay Sentence Examples

  • Even if it's in your contract, you may not get your severance pay if the company is going out of business.

  • In October 2003, the CBI produced its own guidance for directors on severance pay.

  • Unless it's in your contract that you will get severance pay if a layoff happens, don't count on it.

  • Employers are not bound by any laws to give employees severance pay when they tell them they need to pack their things.

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Words Starting With

SSESEV

Words Ending With

YAYPAY

Unscrambles

severance pay

Words Starting With S and Ending With Y

Starts With S & Ends With YStarts With SE & Ends With YStarts With S & Ends With AY

Word Length

13 Letter Words13 Letter Words Starting With S13 Letter Words Ending With Y