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Tip of the Day "Fee-Only" is Your Friend

"Fee-Only" is Your Friend - Unlike financial advisors that work on a fee-base or commission-base service, "Fee Only" based advisors are the only ones legal obligated to act in your...

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Severance Pay

Severance Pay -  This term refers to the form and amounts of compensation by employers, to employees/workers, losing their jobs, or going through termination process, layoffs and downsizing. Could pertain to job-loss, firing, or other reasons, form of termination (medical disability et al), dismissals, unemployment, done to reduce corporate salary/benefits burden, overhead (higher paid employees, shrinking down the workforce), bring severance pay into play. Benefits and taxation have to be taken into account. bundled package of financial compensation and benefits which is offered to some employees when they leave their positions. Also called “golden parachutes,” or golden handshakes.  These could include stock options, health insurance, life insurance, compensation pay, pay for unused sick or vacation days, job placement assistance, and retirement benefits such as those paid into a 401K plan. Severance pay will vary, but from a few weeks, months to up to six months are possible.

 

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TS Inter 1st year Results 2017 - Telangana Junior Intermediate Result with Marks at bie.telangana.gov.in. Manabadi TS Inter 1st year Result may 2017

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Definition of the Day Block Positioner

Block Positioner - A block positioner is a member who is registered in the Securities and Exchange Commission, and who deals, sells, securities while taking a long or short position with stocks and bonds. A block positioner takes this stance with the hopes that he or she will net a...

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