In April, U.S. News & World Report noted that around one-quarter of Americans had already lost their jobs as a result of the COVID-19 pandemic. Now, just a few months later, tens of millions of ...

Severance pay is a form of what's generally called "separation," "termination" or "final pay." Severance pay can be a good investment. That may sound untrue, given that it involves paying money to ...

What is a severance package? A severance package is the pay and benefits an employee receives from an employer when their employment contract has unexpectedly ended due to a layoff or job elimination.

Being let go from your job can be overwhelming, and understanding your rights is crucial. Unfortunately, common misconceptions often leave employees with far less severance pay than they’re entitled ...