Sentence examples for reduction in severance from inspiring English sources
This paper evaluates Spain's 2012 labour market reform concerning the reduction in severance pay from 45 to 33 days of wages per year of seniority and the introduction of a new subsidised permanent contract.
These results suggest that restrictions on the use of temporary workers (increasing the probability of hiring fragile workers for permanent positions), when coupled with uncertainty about enforcement of reduced severance payments, could more than offset the reduction in severance payments; hence, the net effect of the reforms could be to increase adjustment costs for permanent positions.
The changes would include a reduction in the severance pay given to dismissed workers, as well as a longer workweek.
Mr. Perry also signed a bill in 2003 that made permanent (quietly, critics argue) a reduction in the severance tax paid on "high-cost gas," which includes gas retrieved through fracking.
This paper uses a stated preference survey to estimate the value of reductions in community severance (the "barrier effect" of transport infrastructure on pedestrians).
The disadvantage is that costs that would have gone into goodwill — severance costs, reduction in asset values and so on — must be restated for prior years in the form of one-time restructuring charges.
This represents progress, albeit from an unsustainable position, with improved retail profits of £1.5m, a reduction in staff costs of £1.3m, other cost reductions of £1.2m, and is offset by £500,000 in severance payments.
Steps to improve education and training for long-term and youth unemployed Reduction in protection (from high levels), including cut in severance pay.
The newspaper told its shareholders that the buyouts were the driving reason behind the company's $9m operating loss in the third quarter of this year, with an estimated cost of $21.4m in severance payments due to the staff reductions.
Eighteen years, only $900 in severance.
She had sought $25.1 million in severance.
