Severance
(redirected from Termination Benefits)

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Severance

A settlement received after being released from a corporation. In the context of corporate governance, an agreement that assures high-level executives of their postions or some compensation and are not contingent upon a change in control.

Severance

A payment often (but not always) made in a lump sum that occurs when an employee is laid off or fired. Severance is sometime voluntary; that is, an employee may choose to quit and take a severance that is offered instead of staying and risking a layoff with no severance. The amount of severance is determined by the employee's length of time at the company, previous pay rate, and other factors. Accepting a severance makes one ineligible to collect unemployment insurance or to initiate a wrongful termination lawsuit. A severance exists in order to reduce the risk of the company when layoffs become necessary and to improve employee morale.

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Afvloeiingsregeling Barriers to Exit Benefits for International Service condemnation Golden Boot Golden Handshake Golden Parachute Golden Umbrella larger parcel Lay Off Layoff mineral rights severance damages Silver Parachute Silver Parachutes tin parachute value before and after taking			5 million in 2010 for the payment of related termination benefits. DST Systems, Inc. Announces Third Quarter 2010 Financial Results by PR Newswire Reuters has reported that the automaker expects around USD532m in costs in order to cover the termination benefits of 2,600 workers at its Antwerp, Belgium, plant. GM aims to spend EUR400m to close Antwerp plant by Auto Business News (ABN) Termination benefits for executives of the El Dorado company are made by the board of directors' executive compensation committee on a case-by-case basis, according to the Form 8-K. Former EVP Doerr departs Murphy Oil with $4 million by Arkansas Business			term Term Asset-Backed Securities Loan Facility Term Bond Term Bonds Term Certain Annuity Term Certificate Term Deposit Term Fed Funds Term insurance Term Life Insurance term loan term monthly advance reverse mortgage Term Premium Term Premiums Term Repo Term Sheet term structure of interest rates Term to Maturity Term Trust Terminable Marital Trust Terminal Elevator terminal value Terminal Year Terminally Ill terminate Termination Benefits termination date Termination Fee Termine termite bond termite clause Terms of Delivery Terms of Sale Terms of Trade terotechnology Terrenos Territorial Tax System Territory Bond Terrorist Terrorist Group Tesorero Tesouro test Testacy Testaferro testament testamentary trust Testate testator testatrix Testcheck			Terminating Message Line Blocks Terminating null character Terminating null character Terminating Parental Rights Terminating Partition Terminating Point Master Terminating Switch terminating with extreme prejudice terminating with extreme prejudice terminating with extreme prejudice terminating with extreme prejudice terminatio terminatio terminatio terminatio termination termination termination termination termination Termination & Recoupment Termination & Redundancy termination after worker injury Termination analysis Termination Analysis of Logic Programs Termination and Disengagement Termination Attempt Trigger Termination Benefit Termination Benefit Termination Benefit Termination Benefits Termination codon Termination codon Termination codon Termination Contracting Officer Termination Customer Provided Access termination date termination date Termination Dates Termination Dates Termination fee Termination Fees Termination for Convenience Termination for Default Termination for Medical Reasons Termination Level of Conus Medullaris Termination Liability Termination Liability Agreement Termination Liability Reserve Termination Module termination of a pregnancy termination of an action termination of an action termination of an action termination of an action termination of an action termination of cohabitation Termination of Custody Termination of employment Termination of employment Termination of employment

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Severance (redirected from Termination Benefits)

Severance
(redirected from Termination Benefits)