It happens all the time actually, they're called golden parachutes for CEOs and other top level executives will have similar packages.I've never heard of a company giving any sort of severance package to an employee who resigned. That makes no sense from a business standpoint.
Realistically though, you were still half right. Golden parachutes still don't make good business sense. People will justify it as "oh well it's cheaper than litigation from a wrongful termination suit" but at the end of the day it's just pure and simple cronyism.True. I wasn't thinking about CEOs. Target isn't going to offer severance to a TL that resigns.