Sentence examples similar to as severance compensation from inspiring English sources

Unlike other collective dismissals, workers involved in a bankruptcy usually receive no compensation such as severance payments or outplacement services (Van den Berge 2016).

One page in the filing for 2011 characterizes his compensation that year as "severance".

They also agreed not to collect any further payments such as severance from the fraternity.

Her company shut down, providing her a year's salary as severance.

If the judge rules that the dismissal is "unfair", the employee in a large firm has the right to receive as severance payments: 1) all the foregone earnings after the dismissal until the sentence (and the corresponding social security contributions); 2) either an extra financial compensation of 15 months earnings or the reinstatement in the firm (the choice is up to the worker).

Cindy and Doug Hampton both lost their jobs, but received $96,000 as "severance pay" from the senator's parents.

ImClone Systems filed suit yesterday against its indicted founder and former chief executive, Samuel D. Waksal, seeking to recover more than $7 million in severance and other compensation.

The company will offer severance packages as compensation to persuade employees to move.

The top five executives at banks that get an equity infusion from the government are restricted from offering golden parachutes, as rich severance packages are called, and any compensation above $500,000 is not tax deductible to the company.

He said he would resign as chief executive "upon confirmation" and would not receive any severance or deferred compensation.

Consider using equity stock as supplemental compensation.