Example of a severance package agreement. A severance agreement is a legal document signed by both the employee and the employer. It typically outlines the exchange of severance pay and the liability ...

Although not offered by all companies, a severance package is ... For example, some long-tenured employees may qualify for a cash bonus in addition to their regular severance package. ...

Severance packages can include a mix of the following: ... For example, a banking or financial services company can be expected to offer a couple of weeks of severance pay per year of service, ...

For example, California requires ... If you receive a severance package, it’s important not to sign any documents before thoroughly reading and understanding their contents.

Many severance packages pay 50% to 100% of wages for a specified time period, and if you’re collecting unemployment benefits as well, ... For example, let’s say your ...

The top ranks of U.S. companies are always in flux‚ but that’s been more true than usual recently. During the first few months of this year, CEO turnover was 18% higher compared to 2022 ...

Alphabet employees from various units got different severance packages when they were laid off. Alphabet laid off more than 12,000 employees, giving Googlers a base of 16 weeks of severance. Other ...

In happier times, the in-office perks and benefits offered by big tech companies grabbed the headlines. Nowadays it’s the severance packages they’re paying out that are getting the most attention.

For example, the NLRB ruling alluded to the possibility that severance agreements can include disclaimers that allow for non-disparagement and confidentiality provisions. “A disclaimer could say we’ll ...

If you receive severance pay from a former employer, you may actually end up in a pretty good place financially. Many severance packages pay 50% to 100% of wages for a specified time period, and if ...