severance package

noun

formal
: money and other benefits given when employment is ended

Examples of severance package in a Sentence

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The People’s Republic of China did not have laws that denied her from getting a severance package because of her age. Chase Jordan august 4, Charlotte Observer, 4 Aug. 2025 Panera says affected employees will receive a severance package as well as outplacement services. Hannah Hudnall, IndyStar, 29 July 2025 And in 2023, the delivery company presented a similar plan to its pilots, with nearly 200 accepting the voluntary severance package. Glenn Taylor, Sourcing Journal, 7 July 2025 One Tip to Avoid Trouble Want to prevent problems when continuing with a severance package after age 65? Diane Omdahl, Forbes.com, 31 July 2025 See All Example Sentences for severance package

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“Severance package.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20package. Accessed 20 Aug. 2025.

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