Sentence examples for severance sum from inspiring English sources

Manzoni said he recognised "this is a difficult time for the individuals" and noted that "there had been an expectation amongst some that their severance sum would be higher, which has led to some disappointment".

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.

He said Goldman Sachs representatives pressured him at combative meetings to take a six-month severance package, a sum he said was inadequate.

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

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.

Before 1970, Taiwan offered its retiring soldiers only a lump-sum severance of about $10 for nonofficers, with shoes and a blanket tossed in.

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 addition to a lump-sum severance and options vesting, Mr. Ernst will receive health care coverage at the company's expense until December 2010, H&R Block said in a regulatory filing.

Those who did not take their severance in a lump sum could be hurt by the bankruptcy.

The company will pay Mr. Freston half his severance in a lump sum in March, with the rest over three years.