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

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Global PDF

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Region PDF

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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 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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