With this in mind, let’s look at what’s typically included in a severance package. What is a severance ... only if paying it upon termination is part of your original employment contract.

The reason that some employers may offer severance pay as part of their employee benefits packages is to attract top talent; it can also help protect employers from lawsuits. The Fair Labor ...

When you’re fired or laid off, a severance package can offer a sense of relief ... consider asking for a “neutral reference,” which is when an employer agrees to provide only basic ...