Sentences with phrase «severance deal»
A "severance deal" is an agreement between an employer and an employee when the employee is leaving the company. It outlines the terms and conditions for the employee's departure, including any financial compensation or benefits they may receive. Full definition
Benitez will be offered a multi-million pound severance deal to quit Anfield and could depart by the weekend.
caughtoffside.com
The report will reveal key information for the 2015 - 16 academic year, such as the number of academy chiefs paid more than the prime minister; how much academy staff have been paid in severance deals; and how much academy chains pay to companies linked to their trustees.
«A charter management group that runs five public schools in Connecticut refused on Wednesday to release information about any possible severance deal with former CEO Michael M. Sharpe.»
Because these arrangements are usually company - friendly, it is necessary to speak to an employment lawyer to determine if there is a legal basis to get a better severance deal than what it appears to say in the agreement.
«A severance deal has been offered to Benitez and it is worth significantly more than the # 3m that has been reported — he is entitled to # 16m as a result of the contract he signed last year.
«The club are concerned that details being leaked out could undermine the severance deal, but significantly no replacement for Benitez has so far been approached, but that process is sure to begin shortly.»
But thanks to that severance deal, Jay Walder is saying so.
Only last week it was reported that disgraced Carmarthenshire County Council chief executive Mark James could be in line for a severance deal worth # 446,000.
The mayor of Rochester, N.Y., and six city residents have taken the unusual step of asking the state commissioner of education to overturn the severance deal between the city's school board and former Superintendent Clifford B. Janey.
Whether you are using the services of an outplacement agency as part of your severance deal or whether you are contracting with a service directly, the watchword is «Be a Savvy Consumer.»