Mercer Severance Survey

Stay up-to-date with the latest in severance package offerings to better support terminated employees and position yourself competitively in the market.

Product Highlights

Type of organization

  • Government and Broader Public Sector
  • Not-for-Profit
  • Transportation Equipment
  • Publicly Traded on a Stock Exchange
  • Joint Venture
  • Services (Non-Financial)
  • Privately Owned

Revenue

  • Less than $500 million
  • $1 billion < $5 billion
  • $10 billion < $20 billion
  • $500 million < $ 1 billion
  • $5 billion < $10 billion
  • Over $20 billion

Industry

  • Banking/Financial Services
  • Energy
  • High Tech
  • Life Sciences
  • Retail & Wholesale
  • Consumer Goods
  • Health Care Services
  • Insurance/Reinsurance
  • Manufacturing
  • Services (Non-Financial)

Employee Levels

  • CEO
  • Tier 2 Executives (next level of executive)
  • Professional
  • Tier 1 Executives (direct reports to CEO)
  • Management
  • Para-professional
  • Prevalence
  • Treatment of in-progress annual incentives
  • Benefit continuation
  • Change-in-control practices
  • Severance duration and type
  • Treatment of in-progress long-term incentives
  • Outplacement, mitigation, and restrictive covenants
  • Voluntary separation

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  • Sub TitleStay up-to-date with the latest in severance package offerings to better support terminated employees and position yourself competitively in the market.
  • Ordering TypeOnline Access
  • IsOrderingSetNo
  • Enable ParticipationYes
  • Participation Start Date06/03/2024
  • Participation End Date07/26/2024
  • Compensation GridShow
  • Short DescriptionStay up-to-date with the latest in severance package offerings to better support terminated employees and position yourself competitively in the market.
  • RegionGlobal
  • Enable WidgetsYes
  • widget1Publish Date ~ August 2022
  • widget2Organizations Canada ~ 164
  • widget3Organizations US ~ 483
  • Enable Home Page DisplayDo Not Show
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Product Highlights

Type of organization

  • Government and Broader Public Sector
  • Not-for-Profit
  • Transportation Equipment
  • Publicly Traded on a Stock Exchange
  • Joint Venture
  • Services (Non-Financial)
  • Privately Owned

Revenue

  • Less than $500 million
  • $1 billion < $5 billion
  • $10 billion < $20 billion
  • $500 million < $ 1 billion
  • $5 billion < $10 billion
  • Over $20 billion

Industry

  • Banking/Financial Services
  • Energy
  • High Tech
  • Life Sciences
  • Retail & Wholesale
  • Consumer Goods
  • Health Care Services
  • Insurance/Reinsurance
  • Manufacturing
  • Services (Non-Financial)

Employee Levels

  • CEO
  • Tier 2 Executives (next level of executive)
  • Professional
  • Tier 1 Executives (direct reports to CEO)
  • Management
  • Para-professional
  • Prevalence
  • Treatment of in-progress annual incentives
  • Benefit continuation
  • Change-in-control practices
  • Severance duration and type
  • Treatment of in-progress long-term incentives
  • Outplacement, mitigation, and restrictive covenants
  • Voluntary separation

Product Details

Business continuity and sustainable talent practices should be important to every organization. Having an established and comprehensive severance package is an important step in being prepared for tough and unexpected workforce changes.

Gain insight on US and CA severance practices from all revenue sizes and industries to help evaluate your organization’s severance benefits. Mercer’s severance survey includes market data on qualifying terminations, severance duration, treatment of incentives, benefit continuation, outplacement, and change-in-control practices to ensure that your severance plan is competitive.

View a list of the participating companies included in the Mercer Severance Survey here.

Survey results are delivered in a published PDF format to your imercer.com account under My Downloads.

Business continuity and sustainable talent practices should be important to every organization. Having an established and comprehensive severance package is an important step in being prepared for tough and unexpected workforce changes.

Gain insight on US and CA severance practices from all revenue sizes and industries to help evaluate your organization’s severance benefits. Mercer’s severance survey includes market data on qualifying terminations, severance duration, treatment of incentives, benefit continuation, outplacement, and change-in-control practices to ensure that your severance plan is competitive.

View a list of the participating companies included in the Mercer Severance Survey here.

Survey results are delivered in a published PDF format to your imercer.com account under My Downloads.

No
PARTICIPATION OPEN

You tell us what’s happening in your organization – from what you pay to how you pay – for your positions and we’ll give you a discount on the results. Survey participation is open to all organizations with matching jobs.

Participation Window

Opens: 06/03/2024

Closes: 07/26/2024

Participate now

Participation Window

Opens: 06/03/2024

Closes: 07/26/2024

Frequently Asked Questions

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