Understanding the Federal Severance Offer Severance pay for federal employees is governed by regulations set by the U.S. Office of Personnel Management (OPM).

Employees part ways with organizations for a variety of reasons. Some of these reasons are simple: finding a job elsewhere, taking time off to spend with the family, or relocating to a different ...

When you’re fired or laid off, a severance package can offer a sense of relief—but it often brings a wave of overwhelm, too. A severance agreement ends the employment relationship between the ...

With this in mind, let’s look at what’s typically included in a severance package. What is a severance package? A severance package is the pay and benefits an employee receives from an ...

In April, U.S. News & World Report noted that around one-quarter of Americans had already lost their jobs as a result of the COVID-19 pandemic. Now, just a few months later, tens of millions of ...

The Pleasanton City Council approved an amendment to City Manager Gerry Beaudin’s employment contract on Tuesday to extend his severance package from six months to 12 months, with the caveat that he ...

RENO, Nev., Dec. 16, 2024 /PRNewswire/ -- Severance packages can be a crucial safety net during a layoff or job transition. But navigating the terms of such agreements can be complicated.