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The phrase "a severance package" is correct and usable in written English.
It can be used when referring to a compensation arrangement provided to an employee upon termination of employment.
Example: "After years of dedicated service, she was offered a severance package that included several months' salary and health benefits."
Alternatives: "termination benefits" or "separation pay".
Exact(60)
Details are still sketchy, but the city and the hospital unions have been discussing a severance package for several weeks.
"It was a severance package," Mr. Weeks replied.
Employees have until Jan . 24to accept a severance package.
He hired a lawyer to negotiate a severance package.
He was given a severance package of $36m.
Redundancy, even cushioned by so lavish a severance package, is painful.
"They've got a severance package or a nest egg that they want to invest themselves".
Now the liver, as he put it, was negotiating a severance package.
Employees stayed afterwards for a glass of wine and will receive a severance package, officials said.
The 43-year-old has negotiated a severance package with the FAI and will leave immediately.
When Company B downsized, by contrast, it didn't offer nearly as generous a severance package.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com