severance pay
noun
: an allowance usually based on length of service that is payable to an employee on termination of employment
Examples of severance pay in a Sentence
Recent Examples on the Web
Former workers posted on social media that they were given 10 weeks of severance pay.
—
Piper Heath, Los Angeles Times, 11 June 2025
With cuts from the Department of Government Efficiency approaching 300,000, per Challenger, Gray & Christmas, this will be a space to watch closely as unemployment benefits and severance pay run out.
—Jeff Cox, CNBC, 6 June 2025
Employees will be offered severance pay, continuation of certain benefits and outplacement services.
—Taylor O’Connor, Kansas City Star, 22 May 2025
Affected voters are being offered severance pay of $102,500, which a Golden Globes rep said is in accordance with the contract negotiated in 2023.
—Jennifer Zhan, Vulture, 28 Feb. 2025
See All Example Sentences for severance pay
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Piper Heath, Los Angeles Times, 11 June 2025
With cuts from the Department of Government Efficiency approaching 300,000, per Challenger, Gray & Christmas, this will be a space to watch closely as unemployment benefits and severance pay run out.
—Jeff Cox, CNBC, 6 June 2025
Employees will be offered severance pay, continuation of certain benefits and outplacement services.
—Taylor O’Connor, Kansas City Star, 22 May 2025
Affected voters are being offered severance pay of $102,500, which a Golden Globes rep said is in accordance with the contract negotiated in 2023.
—Jennifer Zhan, Vulture, 28 Feb. 2025
See All Example Sentences for severance pay
Cite this Entry
“Severance pay.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/severance%20pay. Accessed 3 Jul. 2025.
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