Severance Pay Policies Around the World

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.

Published: December 2017

Next release: January 2021

File format: PDF

Global PDF

S$ 4,065.60

Region PDF

S$ 2,032.80

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 global 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 practice for 32 markets

  • Statutory requirements
  • Severance pay policy
  • Notice periods
  • Severance payments
  • Payment formula

Available markets

Americas

  • Argentina
  • Brazil
  • Canada
  • Chile
  • Colombia
  • Mexico
  • United States

Asia Pacific

  • Australia
  • China-Beijing
  • China-Shanghai
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
  • Vietnam

Europe, Middle East, & Africa

  • Belgium
  • France
  • Germany
  • Italy
  • Netherlands
  • Romania
  • Russia
  • Spain
  • Switzerland
  • United Arab Emirates
  • United Kingdom
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