A Severance Pay Letter is an official document used by employers to inform their employees of the terms and conditions of a severance package. It typically outlines the details of the financial compensation for the worker and any other benefits that may be included in the package. Additionally, it may contain an explanation of why the company has chosen to offer severance pay and how it might benefit the employee. By delivering the information in a professional and detailed manner, the Severance Pay Letter demonstrates respect towards the departing employee and gives them a clear understanding of their rights and obligations.