Today's media fail:
In employment relations, the term severance means the additional pay and benefits an employee gets on layoff/resignation.
It does not mean "we pay you until the end of employment, go f**k yourself" as Trump's "buyout" offer as known thus far.
Again, it's not a buyout if I simply pay you until employment ends.
At best it's paid leave.
[Thank you for attending my TOOTTalk, 🙂]
https://www.investopedia.com/terms/e/ebo.asp
#uspol #media
In employment relations, the term severance means the additional pay and benefits an employee gets on layoff/resignation.
It does not mean "we pay you until the end of employment, go f**k yourself" as Trump's "buyout" offer as known thus far.
Again, it's not a buyout if I simply pay you until employment ends.
At best it's paid leave.
[Thank you for attending my TOOTTalk, 🙂]
https://www.investopedia.com/terms/e/ebo.asp
#uspol #media
Employee Buyout (EBO): Voluntary Severance Overview
An employee buyout (EBO) is typically when an employer offers select employees a voluntary severance package.Will Kenton (Investopedia)
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