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First, the severance pay of several millions for José Mourinho from Chelsea, who earned £250,000 a week; and second, the revelation that young Torquay United players were allegedly recruited on contracts that do not pay them the minimum wage.
The severance pay is reported to be good.
A government-managed fund, meanwhile, will cover a part of the severance pay for indefinite work contracts.
The changes would include a reduction in the severance pay given to dismissed workers, as well as a longer workweek.
He advised the company to withhold the severance pay after Mr. Rigas was charged with securities fraud.
So, whenever we talked about raising the pay for subs, it always came back to the severance pay issue.
Similar(26)
Over a given period of time the present value of the premium and the present value of the severance paid directly should be equivalent.
Although the company had said the workers would get the minimum severance pay required by law, the employees complained that that was far too low.
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.
First comes the executives' severance pay, almost always nearly three times salary and bonus.
The BBC is to increase the number of non-executive directors as part of its review of governance following the row over severance pay at the corporation.
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