Sentence examples similar to lump-sum severance payment from inspiring English sources

When workers are laid off, they often receive lump-sum severance payments.

But Raj Chetty of Harvard has a subtler answer.He points out that workers who receive generous lump-sum severance payments also take longer to find a new job.

In 1990, the Supreme Court ruled that Boeing was within its rights to make lump sum severance payments to several employees when they quit Boeing to take senior military posts.

Firms typically provide the main pensions of staff they jettison, as well as lump-sum severance packages.

In August, the county offered a lump-sum severance package worth between $6,000 and $8,500, depending on length of service.

Compensation schemes may include retraining and lump-sum severances to ease the transition of workers into the private sector.

Note that a settlement like this requires a lump-sum payment, not a new payment plan.

Severance policies typically call for a lump-sum cash payment, the ability to cash out stock awards and options immediately instead of having to potentially wait for years, and sometimes even bonuses.

Mary Schapiro alone received over $3 million, in addition to a lump-sum departing payment worth $7.2 million.

With the lump-sum payment, you receive the cash now in a single payment.

The employee could elect to receive instead a lump-sum payment.