noun
Meaning 1
A severance package offered to an employee, often a middle managers or long-term staff member, who is forced into early retirement or leave due to company restructuring.
Definition source: English Wiktionary via Wiktextract
Usage: idiomatic
Qualifier: human resources; labour; human resources; labour
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided