Description

Severance pay refers to the compensation provided to an employee upon termination of their employment, often due to layoffs or company restructuring. This payment is intended to support the employee during their transition to new employment opportunities.

Interpreter Notes

Interpreters should be aware that the term 'sueldo de cesantía o despido' may be used in formal contexts, while 'indemnización por desahucio' can be more colloquial. It is important to maintain a formal register and avoid using regional variations that may not be understood universally.

Example Sentences

EN: The company offered severance pay to all employees affected by the layoffs.

ES: La empresa ofreció sueldo de cesantía o despido a todos los empleados afectados por los despidos.

Common Interpreter Mistakes

Confusing 'cesantía' with 'cesión'; mixing up 'indemnización' with 'compensación'; misinterpreting the context of termination as voluntary when it is not.