Glossary entry (derived from question below)
German term or phrase:
Abfindungen
English translation:
severence payments or termination benefits
Added to glossary by
Ted Wozniak
Nov 22, 2010 18:26
13 yrs ago
17 viewers *
German term
United Kingdom
French & German Technical Translations
Native in: English
Works in: French to English, German to English
Abfindungen
German to English
Bus/Financial
Finance (general)
Human resources
hello,
Still on my specification for catering services, the word "Abfindungen" comes up under Wages/salaries. I've found it both as "gratuities" (but would that be classed under wages/salaries?) and lump-sum compensation payments such as terminal bonuses/redundancy payments. With no further context to go on, I'm not sure how to translate this here.
Many thanks for your help.
Still on my specification for catering services, the word "Abfindungen" comes up under Wages/salaries. I've found it both as "gratuities" (but would that be classed under wages/salaries?) and lump-sum compensation payments such as terminal bonuses/redundancy payments. With no further context to go on, I'm not sure how to translate this here.
Many thanks for your help.
Proposed translations
(English)
| 5 +4 | severence payments or termination benefits |
Ted Wozniak
|
| 4 | Severance package |
Ursula Godwin
|
| 3 | compensation(s) |
Moira Monney
|
Change log
Nov 24, 2010 11:52: Ted Wozniak Created KOG entry
Proposed translations
+4
7 mins
Ted Wozniak
United States
United States
Native in English
Specializes in field
United States
Bridging the Language GAAP-
Native in: English (Variant: US) 
Works in: German to English
Related KudoZ points
:
511
Selected
severence payments or termination benefits
or the like depending on your preference. These are benefits paid when employment is terminated.
4 KudoZ points awarded for this answer.
Comment: "Many thanks again"
7 mins
Moira Monney
Germany
Germany
Native in German
Works in field
Germany
Culturally accurate translations!
Native in: German
Works in: English to German, German to English, French to German, and 1 more.
compensation(s)
I'd probably go with "compensations" here, as it's a rather general term and you would find it in the context of wages/salaries. I would say that "gratuities" is more in the sense of "Sonderverguetungen/ Praemien".
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Note added at 9 mins (2010-11-22 18:36:26 GMT)
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If you know it's in the context of redundancies, you could use redundancy payments.
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Note added at 9 mins (2010-11-22 18:36:26 GMT)
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If you know it's in the context of redundancies, you could use redundancy payments.
Reference:
20 mins
Severance package
Monetary compensation for being laid off
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