1. The total amount of money spent on severance pay for employees who had their contracts terminated.
2. The estimated amount of money that a company projects it will spend on severance pay based on their severance plan.
Related information about severance costs:
- What is severance costs? definition and meaning
Definition of severance costs: The total amount of money spent on severance pay for employees who had their contracts terminated.
- Restructuring and Severance Costs for Avery_Dennison (AVY)
Feb 25, 2009 ... The Company accounts for restructuring costs including severance and other costs associated with exit or disposal activities following the ...
- severance costs - Dictionary, translation, definition - Reverso
severance costs translation french, English - French dictionary, meaning, see also 'sever',several',severe',severely', example of use, definition, conjugation, ...
- Google Discloses Higher Layoffs, Severance Costs at Motorola ...
Oct 4, 2012 ... By Drew FitzGerald. Google Inc. (GOOG) disclosed a broader swath of layoffs at its Motorola Mobility unit and raised its estimate for severance ...
- Severance package - Wikipedia, the free encyclopedia
A severance package is pay and benefits an employee receives when he or she leaves employment at a company. In addition to the employee's remaining ...
- Labor market rigidities and unemployment: the case of severance ...
A partial equilibrium model of the firm's employment decision in the presence of significant severance costs is formulated and solved. The theoretical section of ...
- Boeing Making Cuts..Obama apparently offered to reimburse them ...
Boeing announced a major restructuring of its defense division on Wednesday that will cut 30 percent of management jobs from 2010 levels, ...
- Severance Pay Definition | Investopedia
The compensation that an employer provides to an employee who has been laid off, whose job has been eliminated, who through mutual agreement has ...