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Perversely, the most corrupt employees can thus gain hefty severance payments.
Permanent workers can usually be laid off only after lengthy negotiations with employers that typically include hefty severance payments.
Mr. O'Brien wouldn't go along with the plan and left, though with a hefty severance (reportedly $32 million) in hand.
In the film "American Beauty", the protagonist wins a hefty severance package by threatening to accuse his boss (wrongly) of making a homosexual approach.
At a cocktail party, the CEO of a major international bank proudly told me about the hefty severance pay his company gave to its laid-off employees.
Ferguson City Manager John Shaw and Police Chief Thomas Jackson chief have all resigned (the latter with a hefty severance package).
Similar(45)
Mr. Lorenzo will walk away with about $30.5 million, because his stock will be sold at a hefty premium over the market price and he will get a sizable severance package.
Mr. Staff tried to quit, his allies said; in response an angry headquarters staff came up with charges aimed at allowing Hugo Boss to wiggle out of Mr. Staff's hefty but undisclosed severance package.
In an interview, Mr. Ackermann said he thought the case would stimulate a debate in Germany, which is trying to square its antipathy for corporate greed with the British-American trend toward hefty bonuses and severance packages.
There is ample indignation over banks being bailed out while their customers are being foreclosed upon, and over banks handing out hefty bonus checks and severance packages so soon after the crisis erupted.
Trying to sound as positive as he could, he explained that if they applied for a job and failed, then instead of being hefty, hefty, hefty, their severance packages would be whimpy, whimpy, whimpy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com