In April, U.S. News & World Report noted that around one-quarter of Americans had already lost their jobs as a result of the COVID-19 pandemic. Now, just a few months later, tens of millions of ...

Understanding the Federal Severance Offer Severance pay for federal employees is governed by regulations set by the U.S.

Of course, every company differs in calculating total severance pay. In addition, while no federal law requires companies to pay out an employee’s unused paid time off (PTO), such as vacation ...

Sixteen weeks of severance pay for over 10 years of service. Severance pay is calculated on base pay only. Severance payments will consist of payments by Brandeis equal to an employee’s regular weekly ...