Exact(5)
Now, workers facing layoffs in France have threatened -- twice this week -- to blow up their factories unless they receive more severance pay.
The auditors found that between 2009 and December 2012, the BBC paid more severance than it was contractually obliged to give to 22 senior managers out of 150 who left, at a total extra cost of £1.4 million, or about $2.2 million.
Swissair workers struck for half a day at Geneva's airport last week over pay cuts -- pilots' pay fell 25percentt and cabin crew pay fell 9.4percentt, retroactive to Nov. 1, under the rescue plan -- and they are demanding more severance benefits from the government.
"I've seen people who get laid off call their former employers to try and negotiate more severance," says Atkinson, "and ask if, by any chance, the company is running into some technical trouble and offer to 'help out.'" That happens a lot, adds Atkinson.
Ask for more severance pay.
Similar(55)
His contract had been due to expire in 2012 and the company said both he and Härter were waiving their rights to a "substantial amount" more in severance.
At Mirant, an Atlanta-based energy company now in its 17th month of bankruptcy court protection, she received $4.1 million over her 20-month tenure; Mirant will pay $4.1 million more in severance.
Andrew Morgan, who was laid off by Amazon.com at the end of January, did see a lawyer before signing a release, but still did not feel able to walk away from the more generous severance package.
Amazon.com tried to convince 1,300 of the workers it laid off this year to sign an agreement that included a clause to not disparage the company in return for more lucrative severance deals, but backed off from enforcing the clause under pressure from union organizers and also fear of a public reaction.
Low-income countries tend to have more generous4 severance pay systems (see Figure 1).
I therefore think a more focused severance scheme is an appropriate response.
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