Negotiating contracts, for example, often includes severance packages, and it was Mr. Stucker who counseled John R. Walter when he was he brought in as president and heir-apparent to the top job at AT&T in 1996.
Companies provided a great deal of detail about how much compensation they awarded, he said, but many fell short in explaining how one part of a pay package related to another — whether generous stock options were balanced by a lower annual salary, for example, and how severance packages related to total compensation.
Guatemala, for example, mandates 20 months' severance pay for its workers.
Shareholder rights advocates and news media accounts often questioned Ms. Barad's $37 million severance deal, for example.
Severance costs, for example, proved to be lower than Nortel anticipated.
For example, in many European countries, severance rules and employee notification periods can cost companies almost the same as or more than a year's salary.
Directors at Tyco International forced Mark H. Swartz, its former chief financial officer, to forfeit $91 million in severance pay this summer, for example.
Indeed, while the average generosity of low income countries is highest among all income groups, it also varies greatly and increases with GDP per capita.5 For example, Burundi and Togo have a low severance pay generosity of 1 and 1.6 respectively with a GDP per capita of 271 and 588 USD.
For example, should legislation take into account "underperformance in determining severance payments"?
For example, depending on the employee, companies may need to provide severance, extended benefits, and out-placement counseling.
