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.


Mercer Severance Survey SKU_264

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.

Published: August 2022

File format(s): PDF

  • USD 2,500
Request a Quote
  • Product Details
  • Pricing / Ordering
  • Participating Companies
  • Related Articles

Product Details

Survey Statistics

  • # of US Organizations: 483
  • # of CA Organizations: 164

Data Collected

  • Prevalence
  • Severance duration and type
  • Treatment of in-progress annual incentives
  • Treatment of in-progress long-term incentives
  • Benefit continuation
  • Outplacement, mitigation, and restrictive covenants
  • Change-in-control practices
  • Voluntary separation

Data Analyzed

Type of organization

  • Government and Broader Public Sector
  • Joint Venture
  • Not-for-Profit
  • Privately Owned
  • Publicly Traded on a Stock Exchange

Revenue

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

Industry

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

Employee Levels

  • CEO
  • Tier 1 Executives (direct reports to CEO)
  • Tier 2 Executives (next level of executive)
  • Management
  • Professional
  • Para-professional

Pricing / Ordering

Pricing starts at USD $2,500. To learn more about product options and to place your order, please contact us today.

Request a quote

Participating Companies

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

Related Articles

Going beyond

Going beyond turnover to understand workforce movement

With employees on the move, planning for turnover across your talent strategy is easier when you consider these three aspects.

Read article
Seven outplacement services to offer departing employees

Market Pricing 101: Establishing a Benchmark Methodology

You might be wondering how to determine the outplacement services and the duration that should be provided in today’s market. Here are seven outplacement services you should offer to departing employees.

Read article
  • IsOrderingSetNo
  • Ordering TypeSingleLevelMultiSelection
  • Enable ParticipationNo
  • RegionUS
  • Sub TitleStay up-to-date with the latest in severance package offerings to better support terminated employees and position yourself competitively in the market.
  • Short DescriptionStay up-to-date with the latest in severance package offerings to better support terminated employees and position yourself competitively in the market.

You may also be interested in: