Tag: employee

what is an employee buyout package

Best answer An employee buyout (EBO) is when an employer offers select employees avoluntary severance package. A buyout package usually includes benefits and pay for a specified period of time. Employee buyouts are used to reduce employee headcount

should i accept a severance package

Best answer Employees are underno obligationto accept the severance an employer offers, or to sign the agreement that usually accompanies a severance package. However, in most cases, an employer is free to condition severance on the employee signing