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(2012 was an exceptionally profitable year, and every employee received the equivalent of an extra eleven weeks of salary).
These packages, together with payouts of unused time off, have given some people as many as six weeks of salary.
In lieu of the settlements, the 19 executives will receive the same severance package as the rank-and-file workers: up to 26 weeks of salary and benefits.
Dennis, who worked at the steelworks for 26 years, said his contract entitled him to just over two weeks of salary for every year he had worked.
The offer, which included 60 weeks of salary bonus and benefits depending on length of service, applied to 44,000 employees across Verizon's business.
Left with 24 weeks of salary plus an undisclosed severance payout, still less than her $275,000-a-year total compensation, Firestone considered her options.
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He will receive $2,000, plus a week of salary for every year he spent at the company.
The company is also reducing severance pay to one week of salary for every year worked, from one month of pay for every year worked.
He wants the unions to let the county withhold two weeks' worth of salary from all employees until they leave their jobs.
Mr. Gulotta said that he decided to call for the layoffs only after the union representing police officers, the Nassau County Police Benevolent Association, failed to agree to a plan to let the county defer two weeks' worth of salary to its officers.
On a basic level it cost us a week of salaries (around $10,000).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com