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Posts Tagged ‘Outplacement Services’

When and Why Offer Severance Pay?

September 12, 2017

According to HRA-NCA, more than 50% of employers offer severance to all levels of employees (except for gross misconduct).  As HR consultants, we commonly see severance offered for the following reasons: RIF (Reduction in Force): The most common reason for severance is when an employee is laid-off due to...