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2. Golden handshake - Wikipedia

   en.wikipedia.org/wiki/Golden_handshake

   According to Investopedia, a golden handshake is similar to, but more generous than a golden parachute because it not only provides monetary compensation and/or stock options at the termination of employment, but also includes the same severance packages executives would get at retirement. [2] The term originated in Britain in the mid-1960s.

3. Executive compensation in the United States - Wikipedia

   en.wikipedia.org/wiki/Executive_compensation_in...

   Some examples of severance pay to dismissed CEOs criticized as excessive include: Mattel's CEO who received a $50 million severance package after two years of employment despite overseeing a stock price fall of 50 per cent; $49.3 million payouts to Conseco's CEO, who left the company in "a precarious financial situation" [128]

4. Here's how to get the best exit package after a layoff - AOL

   www.aol.com/finance/heres-best-exit-package...

   For example, you might receive two to four weeks of pay per year of service. In a recent mass layoff at Google, workers received 16 weeks of pay, plus two weeks for every year of service.

5. Severance package - Wikipedia

   en.wikipedia.org/wiki/Severance_package

   Severance packages are often negotiable, and employees can hire a lawyer to review the package (typically for a fee), and potentially negotiate. However, employees are never entitled to any severance package upon termination or lay-offs. [3] Severance packages vary by country depending on government regulation.

6. Ex-Beaumont CEO didn't earn his severance pay | Letters to ...

   www.aol.com/ex-beaumont-ceo-didnt-earn-120152094...

   John Fox received $10.2 million dollars in severance pay and bonuses upon leaving his job as Beaumont's chief executive. ("Former Beaumont CEO John Fox walks away with nearly $10.2 million in ...

7. Starbucks’ ousted CEO oversaw a $32 billion drop in market ...

   www.aol.com/finance/starbucks-ousted-ceo-oversaw...

   According to his September 2022 offer letter, Narasimhan was hired at a $1.3 million base salary, a cash bonus of between 200% to 400% of his base pay and annual equity awards with a target grant ...

8. Don't Leave Empty-Handed... How to Negotiate a Severance Package

   www.aol.com/news/2011-01-03-how-to-negotiate-a...

   Don't get mad, get severance! Who isn't upset when they hear the news that they're being laid off? Instead of getting angry and storming out, or going quietly into the good night, the best thing ...

9. Termination of employment - Wikipedia

   en.wikipedia.org/wiki/Termination_of_employment

   Severance pay is not mandatory; however, employers usually offer severance package as a gesture of goodwill and competitive advantage. Severance pay is paid, if any, based on employee’s years of service and contribution to the company. It may also include continuation of benefits and other perks (health insurance, outplacement assistant, etc.).