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Why Should Severance be Outsourced? Part 1: Leverage Existing Expertise has been emailed to . Entered the wrong email?
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The severance plan model, oft dismissed as a benefit that is used en masse typically only during turbulent times, remains untouched and archaic even today – strange, since the collective cost of the benefit over the past few years may have surpassed the multi-billion mark. Companies are slowly recognizing the need to update the existing severance model, yet seem hesitant to do so.