In the realm of global employment, the concept of termination payments can be a complex and often surprising issue for U.S.-based employers. Unlike ...

A big question on anyone's mind who is facing a layoff situation is whether or not they will receive severance pay or a severance package. Read through this comprehensive guide to severance pay to ...

They are also eligible for salary continuation pay (severance pay) in accordance with this policy. This policy applies to exempt and nonexempt full-time and part-time staff employees. Bargaining-unit ...

Are Companies Obligated to Pay Severance? Federal labor laws do not obligate employers to pay severance to their employees. Employers may offer their employees severance packages for different ...