severance package
se
ˈsɛ
se
ve
rance
rəns
rēns
pa
ckage
kɪʤ
kij

Definition & Meaning of "severance package"in English

severance package
01

*the pay and other advantages that an employee receives when their employment is ended by the management 

Examples
The company is offering voluntary severance packages. 
LanGeek
Download LanGeek app
langeek application

Download Mobile App

App Store