severance payment

English

severance payment (plural severance payments)

Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver.
- 2021 September 22, Guillem Balagué, “Barcelona: The toxic battle ripping apart a European giant”, in BBC Sport‎:
  And it gets worse. Barcelona will have to pay even more if he is fired in the interim. Last week, TV3 reported that a high severance payment - amounting to a total of about 12m euros - is on the table.

money paid to employee in case of layoff — see severance pay

单词	severance payment
释义	severance payment English Noun severance payment (plural severance payments) Money that an employer pays to an employee when the employee leaves the company in case of layoffs, often in exchange for some kind of waiver. 2021 September 22, Guillem Balagué, “Barcelona: The toxic battle ripping apart a European giant”, in BBC Sport‎: And it gets worse. Barcelona will have to pay even more if he is fired in the interim. Last week, TV3 reported that a high severance payment - amounting to a total of about 12m euros - is on the table. Synonyms severance pay, severance Translations money paid to employee in case of layoff — see severance pay
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