When organizations face workforce reductions, severance decisions carry consequences well beyond the immediate financial cost. The support employees receive during a transition can shape their experience of the organization long after their employment ends.
But what does a competitive severance package actually look like today, and how should organizations decide what to offer?
Drawing on new WorldatWork research developed in collaboration with Slate, Michelle Vitus and Adam Cless will explore how employers are approaching severance and where practices are evolving. They'll examine the choices organizations face when designing packages and how different elements can work together to support employees while meeting business needs.
Through discussion and peer perspectives, consider how your organization's current practices compare and where changes may be worth exploring. Leave with fresh benchmarking insights and a more practical approach to evaluating severance policies in the context of your organization's workforce strategy.