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Learn how businesses construct and distribute severance pay to their outgoing employees.
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 across different markets
- Statutory requirements
- Severance pay policy
- Notice periods
- Severance payments
- Payment formula
- Outplacement services
- COVID-19 impact