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