The amount of __________ a departing employee receives is typically based on their length of eligible employment with the company.
A) incentive pay
B) base pay
C) severance pay
D) total rewards

Question

Quizplus · Accepted Answer

Severance pay is specifically provided to employees who are being laid off or terminated due to reasons beyond their control. The amount of severance pay often depends on factors such as the length of the employee's service with the company, their salary, and the company's policies. Incentive pay, base pay, and total rewards are not typically given to departing employees, but are forms of compensation for current employees.

The Amount of __________ a Departing Employee Receives Is Typically