What Is a Severance Package, and When Do You Need One?

severance pay Considering that senior staff typically have a much longer notice period , a severance pay package may pay them out in part or in

Severance pay is the amount a company pays to its employees after completion of employment It is optional and not mandatory for the employer unless it is  pay69 slot contract in case of severance payment, and not less than 7 days before the expiry of the fixed term contract in case of long service payment, the employer