Sentence examples for cut severance from inspiring English sources

The new rules will cut severance payments to 33 days per year of employment from 45 days.

Under pressure from investors, the government in Madrid last week announced a plan to cut severance allowance to 33 days per year of employment from 45 days.

Among the changes, the reforms cut severance pay for fired workers and made it easier for companies to reduce work hours as a temporary solution to drops in demand.

But the consultants' job has changed since they stopped working for executives and took up with the board instead, and they themselves seem happier to work that way.How to cut severance payEven the most controversial elements of pay may have a market logic.

One way to encourage firms to hire permanent workers would be to cut severance payments to the levels of other European countries.Nor has much been done for the 3.5m people who have been jobless for more than a year, says Marcel Jansen of Madrid's Autónoma University.

Bezos wants to cut severance pay, too.

The drug maker GlaxoSmithKline, which had its pay plan rejected by shareholders, said it would leave the salary of its chief executive alone but would cut his severance.

While Shaw's board opposes the proposal, which will be put to a vote of shareholders on Jan . 30 its move to shorten Mr. Bernhard's contract effectively cut his severance pay to three times his salary and bonus.

Under pressure from creditors to introduce structural changes to the economy as well as clean up its finances, the government in Madrid a year ago pushed through a plan that, among other things, cuts severance payouts to 33 days per year of employment, from the norm of 45 days.

CSIRO also wants to reduce severance payments for those whose jobs are eliminated due to budget cuts.

Steps to improve education and training for long-term and youth unemployed Reduction in protection (from high levels), including cut in severance pay.