shirabe.org
Settings
English
Meaning
  1. 1
    JMdict
    severance payment;retirement money (usu. lump-sum);redundancy payment
    He was paid one million dollars in retirement allowance.
  2. 2
    Wikipedia

    A severance package is pay and benefits employees receive when they leave employment at a company. In addition to their remaining regular pay, it may include some of the following: \n* An additional payment based on months of service \n* Payment for unused vacation time or sick leave. \n* A payment in lieu of a required notice period. \n* Medical, dental or life insurance \n* Retirement (such as 401(k)) benefits \n* Stock options \n* Assistance in searching for new work, such as access to employment services or help in producing a résumé. Packages are most typically offered for employees who are laid off or retire. Severance pay was instituted to help protect the newly unemployed. Sometimes, they may be offered for those who either resign, regardless of the circumstances, or are fired. Policies for severance packages are often found in a company's employee handbook, and in many countries, they are subject to strict government regulation. Severance contracts often stipulate that employees will not sue the employer for wrongful dismissal or attempt to collect on unemployment benefits, and that they do so, they must return the severance money.

    Read full article on Wikipedia · CC-BY-SA

Save this word to start reviewing it with spaced repetition. Save word
Sentences

Grammar codex

What the coloured tags mean

Hiragana

ひらがな

The rounded, flowing kana. Hiragana writes native Japanese words, grammar endings, and anything without (or alongside) kanji — it's the first script you learn. Each character stands for one syllable.

Example

ねこ — cat