Browse leave, vacation, sick pay and severance codes.
SVH may label a half or reduced severance stage in an employer system. The letters do not establish an entitlement or make any amount tax-free.
Employer-specific label: this is a possible interpretation. Confirm the full meaning in the codebook for the employer that issued your statement.
How to read this entry
Use the possible interpretation Partial or half severance payment alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
If the agreement expressly provides half of a $2,000 reference amount, the gross payment is $1,000.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Ask for the agreement’s calculation and confirm whether another instalment follows.
Compare related entries
Read the leave, vacation, sick pay and severance codes guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on leave, vacation, sick pay and severance codes provides background on the underlying rules. It does not validate an individual employer’s internal abbreviation.