severance in a sentence
n.
📚 Grade Level: Grade 9, Grade 10, Grade 11, Grade 12
Definition
Severance refers to the compensation or benefits provided to an employee upon termination of employment, often due to layoffs or company restructuring.
Sample Sentences
- The company offered a generous severance package to employees affected by the layoffs.
- After years of dedicated service, he felt a profound sense of loss upon receiving his severance notice.
- Negotiating a fair severance agreement can be crucial for maintaining financial stability after job termination.
- She decided to invest her severance pay in a small business instead of searching for another job immediately.
- The emotional impact of severance can often be as challenging as the financial implications for those let go.