Severance Pay Policies

Policy data that ensures a well-rounded approach to employee departures

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Severance Pay Policies Around the World SKU_8955

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.

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What's inside


Differentiate your company from your competitors when saying goodbye to staff

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.


Understand statutory and market practices

  • Statutory requirements
  • Severance pay policy
  • Notice periods
  • Severance payments
  • Payment formula
  • Outplacement services*
  • Covid-19 impact*
* New to the 2020 survey.

Published: December 2017

Next release: July 2020

File format: PDF

USD 900

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This survey is open year round; participate at any time. The first set of PDF reports will release late July 2020.

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Pricing

Edition - 2020 Pricing
Single Market PDF CAD 1,200

 

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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Severance Pay Policies

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  • IsOrderingSetYes
  • Ordering TypeSingleLevelMultiSelection
  • RegionUS
  • Sub TitlePolicy data that ensures a well-rounded approach to employee departures
  • Short DescriptionPolicy data that ensures a well-rounded approach to employee departures.

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