Severance pay is a financial safety net provided by your employer to help you manage the uncertain period between jobs. It's ...

Severance packages often include a cash lump sum and accrued PTO, calculated based on years employed. Companies offer severance to avoid legal issues, although it's not mandatory unless stipulated by ...

Hearing the words, "you're being laid off," can bring on one of the worst feelings in the world. After all, if you're like most people, you probably count on your job to provide you with a paycheck, ...