Companies offer severance packages to outgoing employees for good reason. Not only do the packages help employees as they transition to new positions, but they also benefit the company by helping to reduce the risk of lawsuits, lower unemployment costs, and protect employer brand. In the social media age, severance packages have become even more important. Organizations offer them to protect their online reputations on Glassdoor, Facebook, and other platforms, because the shared opinions of employees can affect everything from talent recruiting to customer loyalty.
Whether your organization is creating a severance package from scratch or updating an existing one, our Complete Guide to Severance Packages can help. With 19 pages detailing the whats, whys, whens, and hows of severance packages, this guide will serve as a handy resource as you craft the best severance package for your company.
Download the guide now and get in-depth answers to your questions:
- What are outplacement services?
- Why offer outplacement?
- How does outplacement work?
- How do employees benefit from outplacement?
- What factors should I consider regarding outplacement costs?
- What is the future of outplacement