1. Synonyms beguiling, cagey (also cagy), crafty, cunning, cute, designing, devious, dodgy [ chiefly British ] , foxy, guileful, scheming, shrewd, slick, sly, subtle, tricky, wily.
NOTE: An individual who receives remuneration in lieu of notice for a period of less than a calendar week may be eligible for partial unemployment benefits for such week. âSeverance pay,â if paid within the context of contractual obligation or by custom, is a taxable fringe benefit under Administrative Code 12:16-4.3. It is subject to state unemployment, temporary disability, workforce development and family leave insurance contributions. However, severance pay is not considered wages earned when calculating unemployment benefits for claimants. âContinuation payâ is also known as sick leave pay. Continuation pay is considered wages and is taxable under Administrative Code 12:16-4.2. It is subject to state unemployment, temporary disability, workforce development and family leave insurance contributions.
California employment law does not require businesses to provide their employees with severance pay when they are fired or laid off. However, if a company does decide to give an employee a severance package, there are tax issues both employer and employee must consider.