Bridge to New Employment: Rethinking Severance

Publisher: Transition Services Inc.

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Bridge to New Employment: Rethinking Severance

Severance plans may be a sore subject, but looking at alternatives can mean getting more for less. If the goal of your company’s severance plan is to provide a bridge to new employment and to maximize the value of your overall compensation and benefits programs, it is important to be aware of the different options available for issuing severance in the case of a reduction in force. A company’s compensation and benefits plan plays a key role in attracting and retaining skilled employees. Designed successfully, these plans allow a company to compete in the job market for top talent. Download our resource to learn how you can begin rethinking your severance plans.