As a result, in order to attract good candidates, they offer significant severance packages.

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While many still offer enough severance to cushion the blow of layoffs, others are seeking ways around severance or even breaking prior commitments.

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Companies can offer less generous severance packages because they know that the state will pick up part of the tab.

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Clawson said LSU gave no reason for the termination, which he said was effective immediately and came without an offer of a severance package.

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Big cracker is not without a soul, however, so they offer you a generous severance package.

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Mr Jacobs said if the closure went ahead it would offer "fair and equitable severance packages over and above the statutory requirements".

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Any contingency plan would likely have to offer Greece some form of severance package to keep its government and banking system afloat.

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Those agreements deserve a separate article, but suffice it to say that the law requires employers to offer quite a bit of severance if they expect workers not to compete for an extended period.

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