Severance Benefits, such as pay, health care continuance, and outplacement are oft cited as ways for companies to achieve their goals of taking care of transitioning employees, limiting liability, and protecting employer brand. However, a recent study of over 250 HR professionals revealed that companies’ severance benefits actually fall short of achieving those goals.
This infographic from RiseSmart highlights the disconnect between theory and practice when it comes to offering severance benefits.
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Irma Wallace
Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders’ Zone, a construction / home improvement portal.
