Sentences with phrase «generous severance package»

When it comes to long serving employees, the statutory amounts should never be overlooked and employers are required to provide a more generous severance package than what is required by employment standards legislation.

Moreover, a number of the lawyers joining the administration will receive generous severance packages from their previous employers, which will cushion the blow of pay cuts.

Some workers were not as dismayed, saying the company was offering generous severance packages.

If it is reasonably foreseeable that the sale or closure date may be delayed, consider the benefits of agreeing to more generous severance package terms in exchange for an early settlement coupled with a right for the employer to later apportion what part of the severance will consist of working notice and pay in lieu of notice.

However, after learning that other employees affected by the transfer were receiving generous severance packages, Johnson wrote to Global arguing that it was never a mandatory requirement to retire and not part of his employment contract.

«Adequate performance gets a generous severance package,» notes the culture deck.

Rest assured, we will be doing all we can to make this transition for them as painless as possible, providing them a generous severance package and job search support.

All the employees got a generous severance package, and we spent a little over a month writing reference letters and helping people get interviews.

Sir Fred was widely reviled in early 2009 for insisting on a generous severance package.

Do not be the older, long - service employee who believes they are entitled to a generous severance package only to learn that the employment contract they signed years earlier only requires their employer to provide a fraction of the severance payment they would have been entitled to receive if they had not agreed to give up their right to reasonable notice.

How you strategize your campaign after layoff with a generous severance package will no doubt differ from one where you never saw it coming, have no package and just put your second child in college.