With this in mind, let’s look at what’s typically included in a severance package. What is a severance package? A severance package is the pay and benefits an employee receives from an ...

The letter was signed by top officials from ... The new contract includes a 5% pay raise and a potential 18-month severance package worth up to $407,286. The new three-year employment contract ...

According to the contract, Greg Murray's 2024 salary was $197,283 — a 20-week payout means he'd receive $75,878.

"I’m pretty sure there is nothing more we can do," said Vice Mayor Greg Julian, in regards to the 20-week severance package.