Severance Pay Policies Industry Scorecard

Confirm that your polices align with your competitors

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Severance Pay Policies & Involuntary Termination Scorecard: US version hero image

Offering severance pay with employee terminations is a standard practice around the world. Finding the right balance between what is required by law and what is most prevalent within your industry is a key piece to optimizing your approach to this delicate situation.

Identify specific components of your severance policy that lag behind your direct competitors’ offerings with the Severance Pay Policies Industry Scorecard. Assess where your offering exceeds your direct competitors to identify cost-savings opportunities. Featuring data for 10 global industries, evaluate your severance pay policy across four key areas:

  • Severance pay policy
  • Notice period
  • Severance payments
  • Payment formula
Are you equipped with a holistic severance pay program that is in line with the competition?

 

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Product Details

Comprehensive Data

Industries
  • Banking/Financial Services/Insurance
  • Consumer Goods
  • Energy
  • High Tech
  • Healthcare
  • Life Sciences
  • Manufacturing
  • Other Nonmanufacturing
  • Retail & Wholesale
  • Services (Nonfinancial)
Data Included
  • Overall Industry Rankings
  • Calculate Your Company Score
  • Industry Scorecard Quadrant Rankings
  • General Prevalence Results for Each Industry
Scorecard Quadrants
  • Severance pay policy
  • Notice period
  • Severance payments
  • Payment formula
Geographic Coverage
  • Global
Topics Covered
  • The overall rankings and score for each industry
  • Complete the “What’s my company’s score?” quiz to find out how your company compares to all 10 industries included in this report

Want to assess your company’s severance pay policy regionally or globally? Mercer’s Severance Pay Policies Around the World report features severance policy data across 30 global markets. View Severance Pay Polices Around the World

Pricing

Severance Pay Policies Industry Scorecard is available as a global report in a PDF format.

Edition Price
Global Report USD 1,500 / CAD 1,950 / EUR 1,350 / AUD 1,950

Please note: Individuals or companies using Mercer data for consulting services or commercial purposes are subject to different rates. Please call for more information.

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Severance Pay Policies Industry Scorecard

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  • Sub TitleConfirm that your polices align with your competitors
  • Ordering TypeCOL/QOL
  • IsOrderingSetYes
  • Compensation GridShow
  • Short DescriptionLearn how companies construct and distribute severance pay to their outgoing employees.
  • RegionUS