Discover what a severance package includes, why employers offer them, and how you can negotiate for better terms.

Hearing the words, "you're being laid off," can bring on one of the worst feelings in the world. After all, if you're like most people, you probably count on your job to provide you with a paycheck, ...

Starbucks is closing close to 1% of its stores across the United States, eliminating retail staff as well as more than 900 non-retail workers (1). Using the company’s annual reports, the business ...

Severance pay is typically offered to employees who are terminated through no fault of their own — for example, as a result of workforce reductions and displacements due to mergers or acquisitions.