What does severance pay mean?
Compensation paid to an employee who is laid off or whose employment is terminated through no fault of their own.
Example: "The company offered two months of severance pay to all affected employees."
Am I legally entitled to severance pay if I resign from my job?
No, severance pay is typically only paid during involuntary layoffs or redundancies, not when you resign voluntarily.
What does severance pay mean in Urdu?
severance pay meaning in Urdu is ملازمت ختم ہونے پر ملنے والی رقم (mulazmat khatam hone par milne wali raqam) — Refers to the exit package or compensation paid after a layoff.
What does severance pay mean in Arabic?
severance pay meaning in Arabic is تعويض نهاية الخدمة — Mandatory benefit governed by labor laws across Arab Gulf countries.
What does severance pay mean in Persian?
severance pay meaning in Persian is حق سنوات — Refers to the terminal benefit paid to workers upon leaving a job.
What does severance pay mean in Hindi?
severance pay meaning in Hindi is विच्छेद वेतन — Refers to the package paid to workers during restructuring in India.
What does severance pay mean in Turkish?
severance pay meaning in Turkish is kıdem tazminatı — A legal financial package paid to laid-off employees under Turkish labor law.
What does severance pay mean in Bangla?
severance pay meaning in Bangla is সেভারেন্স পে — Compensation package given during company layoffs in Bangladesh.
What does severance pay mean in Nepali?
severance pay meaning in Nepali is सेवा समाप्ति भत्ता — Denotes the golden handshake or severance amount paid in Nepal.
What is a synonym for severance pay?
Common synonyms for severance pay include redundancy pay, severance package and termination pay.
Browse more workplace English words in the Rehbaro Dictionary, or return to the full dictionary.
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