What was the Dow Chemical severance package?

Answer Roughly 60 to 65 people accepted the Dow Chemical severance package in January 2009. Full-time union workers received a lump sum of $6,000. They also were given another $1,100 for each year of serv... Read More »

Top Q&A For: What was the Dow Chemical severance package

Can You Draw Unemployment in Texas If You Get a Severance Package?

Texas unemployment laws follow the U.S. Department of Labor guidelines, providing unemployment compensation benefits to qualifying individuals. Qualification requires separation from employment thr... Read More »

What Is a Severance Tax?

States often institute a severance tax to make up for a budget shortfall. Texas ordered the first severance tax in 1905, and Louisiana and Michigan soon followed in the 1920s.IdentificationStates l... Read More »

How to Negotiate Severance?

A severance package is a group of optional benefits awarded to a terminated or laid-off employee. Benefits may include additional salary, continued health insurance or other items. Your post-employ... Read More »

Termination of Employment & Severance Pay?

When an employer terminates an employee, the employer may offer a severance package. A severance agreement is a legally binding contract between an employer and an employee. The parties are bound b... Read More »