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No one likes to dwell on lay-offs and terminations, but severance policies are a major component of every HR department’s portfolio. Learn how businesses construct and distribute severance pay to their outgoing employees.
Severance programs offer structure and guidance for HR and affected employees that are leaving an organization, while simultaneously ensuring that they are treated fairly and preparing them to re-enter the job market. This publication breaks down and analyzes global practices for termination and severance pay, offering unprecedented access into how today’s leading organizations handle this sensitive but critical HR area.
Published: December 2017
Next release: September 2020
File format(s): PDF
USD 500 to 3,600
Talent All Access® Portal
Did you know 82% of companies require employees to sign an agreement in exchange for their severance payout?
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