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Abfindungen

English translation: severence payments or termination benefits

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)

German term or phrase:	Abfindungen
English translation:	severence payments or termination benefits
Entered by:	Ted Wozniak

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18:26 Nov 22, 2010

German to English translations [PRO]
Bus/Financial - Finance (general) / Human resources

German term or phrase: Abfindungen

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.

Claire Cox KudoZ activity Questions: 635 (none open) (66 closed without grading) Answers: 972
Local time: 23:47

severence payments or termination benefits

Explanation:
or the like depending on your preference. These are benefits paid when employment is terminated.

Selected response from:

Ted Wozniak
United States
Local time: 17:47

Grading comment

Many thanks again
4 KudoZ points were awarded for this answer

Summary of answers provided

5 +4

severence payments or termination benefits

Ted Wozniak

Severance package

Ursula Godwin

compensation(s)

Moira Johnson

Answers

7 mins confidence:

peer agreement (net): +4

severence payments or termination benefits

Explanation:
or the like depending on your preference. These are benefits paid when employment is terminated.

Ted Wozniak
United States
Local time: 17:47
Specializes in field
Native speaker of:

English
PRO pts in category: 416

Grading comment

Many thanks again

7 mins confidence:

compensation(s)

Explanation:
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.

Reference: http://en.wikipedia.org/wiki/Compensation

Moira Johnson
United Kingdom
Local time: 23:47
Works in field
Native speaker of:

German

20 mins confidence:

Severance package

Explanation:
Monetary compensation for being laid off

Ursula Godwin
Local time: 00:47
Works in field
Native speaker of:

German

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Changes made by editors

Nov 24, 2010 - Changes made by Ted Wozniak:
Created KOG entry	KudoZ term => KOG term

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Abfindungen

English translation: severence payments or termination benefits

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Abfindungen

English translation: severence payments or termination benefits

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.