Finiquito in english
Settlement
pronunciation: setəlmənt part of speech: noun
pronunciation: setəlmənt part of speech: noun
In gestures
finiquito = redundancy payment ; severance compensation ; severance pay ; golden handshake ; redundancy pay ; severance scheme.
Example: These payments cover the following: tide-over allowances for workers, including redundancy payments, resettlement allowances, and vocational training for those having to change their employment.Example: Severance compensation has been a topic of growing importance as many organizations strive to gain competitiveness by downsizing and restructuring.Example: Severance pay is probably the most significant benefit for both the academic institution and the retiree.Example: She is quitting as finance director of the Sainsbury supermarket chain after a boardroom shake-up with a golden handshake likely to top £500000.Example: Whether or not you are entitled to redundancy pay will depend on your individual circumstances.Example: The severance scheme was seen by many as compensation to outgoing councillors, to sweeten the pill of their political demise.