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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.
Participation is always open; submit your data today.
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 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: July 2020
File format: PDF
Talent All Access® Portal – US Edition
This survey is open year round; participate at any time. The first set of PDF reports will release late July 2020.
If you need this data for the US please visit the US version of the Severance Pay Policies report. And, if you are operating globally, the global version of the Severance Pay Policies report is also available.
This product is included in the Talent All Access® - Canada Edition, where you receive 17 reports in one easy interface.
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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Review statutory and supplemental benefit details for social security, retirement, medical, death, disability, and more.
Talent retention and workforce planning data on voluntary, involuntary turnover, and more.
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