But if you fail to do the one thing they hired you to do -- i.e., earn money for the company -- why would you expect to be rewarded for it?
Employers customarily award severance pay to their former employees -- but there are some income, employment and possible excise tax implications to the employer and former employee with respect to severance pay.
Have you made a job transition in the past year? Keep reading to learn some of the ways your recent change could affect your taxes.
(Reuters) - It was funny at first. The young men in business suits, gingerly picking their way among the millwrights, machinists and pipefitters at...
As most Americans have watched their incomes fall during the recession and recovery, one CEO is netting a huge cash payment for relinquishing some res...
Economic decisions shouldn't be ignored. Some severance packages are lucrative and offered on a one time basis. Financial considerations are one part of the package, not the whole package.
A Vice President of Operations at a Fortune 1000 retailer restructured herself out of her job. The retailer had been hurting and the VP decided it wa...
Aspiring cheaters, CEOs, and other crooks: Tony Hayward is getting about $18 million to ruin BP and the Gulf.
It's near-impossible to get a job or health insurance if you are over 50. I wonder what the effect would be if the government started again enforcing its own rules on age discrimination and contracting.
I've found that people leaving old line companies, even with a severance package, were more bitter than those where companies treated employees like interchangeable parts.
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...
But rather than pay severance, as it did in previous rounds, Gannett is paying what is called supplemental unemployment benefits, which allows the com...
What most people would call unemployment, Van Gorkom embraced as "funemployment." While millions of Americans struggle to find work as they face fo...
It is really not complicated: cheating is wrong. But more importantly, once you get caught there are negative consequences.
Leaving a job on purpose is an unusual concept for our parents and grandparents, who generally stayed with the same job their whole lives.
ATLANTA — Delta Air Lines, faced with a weak economy, dimmer hopes of a combination with Northwest Airlines and record fuel prices that are eati...
Like the dot-com bust, but very, very, very different, severance is not such a remote possibility these days. Just yesterday employment consulting an...
Angelo Mozilo, chairman and chief executive officer of Countrywide Financial Corp., is giving up $37.5 million of severance pay, fees and benefits in ...
