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There is nothing that says that the day that you resign, that they can't just let you go," he said. "They don't have to pay you -- there's nothing that says they have to pay you till Sept. 30 ...
Severance pay was instituted to help protect the newly unemployed. Sometimes, they may be offered for those who either resign, regardless of the circumstances, or are fired. Policies for severance packages are often found in a company's employee handbook.
Resignation is the formal act of relinquishing or vacating one's office or position. A resignation can occur when a person holding a position gained by election or appointment steps down, but leaving a position upon the expiration of a term, or choosing not to seek an additional term, is not considered resignation.
While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]
The most recent pope to resign was Benedict XVI, who vacated the Holy See on 28 February 2013, the date of his effective resignation. He was the first pope to do so since Gregory XII in 1415. Despite its common usage in discussion of papal renunciations, [ 2 ] the term abdication is not used in the official documents of the church for ...