Severance Pay

Severance Packages Provide False Sense Of Comfort

wsj.com | MARY PILON | Posted 11.10.2009 | Business


The long-term jobless rate hits its highest point on record. More than a third of those who are out of work have been looking for more than six months...

Gannett Now Cutting Severance Pay For Laid-Off Employees

New York Times | RICHARD PÉREZ | Posted 08.27.2009 | Media


But rather than pay severance, as it did in previous rounds, Gannett is paying what is called supplemental unemployment benefits, which allows the com...

The 'Funemployed' Enjoy Unemployment

Los Angeles Times | Kimi Yoshino | Posted 07.05.2009 | Living


What most people would call unemployment, Van Gorkom embraced as "funemployment." While millions of Americans struggle to find work as they face fo...

Severance Packages and Steroids

Lance Simmens | Posted 05.01.2009 | Politics


Lance Simmens

It is really not complicated: cheating is wrong. But more importantly, once you get caught there are negative consequences.

Freddie-Fannie Payoffs

Jeff Danziger | Posted 10.11.2008 | Business


Jeff Danziger

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How to Quit Your Job

Joel Schwartzberg | Posted 09.13.2008 | Living


Joel Schwartzberg

Leaving a job on purpose is an unusual concept for our parents and grandparents, who generally stayed with the same job their whole lives.

Higher Fuel Prompts Delta to Cut Jobs

AP | HARRY R. WEBER | Posted 03.28.2008 | Business


ATLANTA — Delta Air Lines, faced with a weak economy, dimmer hopes of a combination with Northwest Airlines and record fuel prices that are eati...

Sanity After Severance

Tevis Gale | Posted 03.28.2008 | Living


Tevis Gale

Like the dot-com bust, but very, very, very different, severance is not such a remote possibility these days. Just yesterday employment consulting an...

Countrywide CEO Shamed Into Forefeiting $37.5 Million Severance Pay

Wall Street Journal | JAMES R. HAGERTY | Posted 03.28.2008 | Business


Angelo Mozilo, chairman and chief executive officer of Countrywide Financial Corp., is giving up $37.5 million of severance pay, fees and benefits in ...