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How is Severance Pay Determined? How to Calculate Severance

Intoo USA

Providing departing employees with a financial cushion of course helps smooth these workers’ transitions to new jobs, but the practice benefits the company too. Severance pay helps organizations maintain more positive relationships with departing employees, thereby protecting employer brand and forestalling litigation.

article thumbnail

How is Severance Pay Determined? How to Calculate Severance

Intoo USA

Providing departing employees with a financial cushion of course helps smooth these workers’ transitions to new jobs, but the practice benefits the company too. Severance pay helps organizations maintain more positive relationships with departing employees, thereby protecting employer brand and forestalling litigation.