Description

Severance pay refers to the compensation provided to an employee upon termination of their employment. This payment is often based on the length of service and the terms of the employment contract.

Interpreter Notes

Interpreters should be aware that 'sueldo de cesantía' is commonly used in legal and financial contexts, while 'indemnización por despido' may be used interchangeably in some regions. It is important to maintain a formal register and avoid colloquial expressions.

Example Sentences

EN: After five years of service, he received severance pay when he was laid off.

ES: Después de cinco años de servicio, recibió sueldo de cesantía cuando fue despedido.

Common Interpreter Mistakes

Confusing 'cesantía' with 'despido' as they have different implications; misunderstanding regional variations in terminology; mixing up severance pay with unemployment benefits.