In a year when many organizations are reducing headcount, McLagan’s Severance Study will assess how firms handle severance packages, including salary, bonus, long-term awards, benefit packages and accounting treatment.
Additional coverage for this global analysis will include personal loan administration and garden leave policies.
| Data Collection Due |
May 15, 2008 |
| Targeted Results Distribution |
May 2008 |
STUDY TOPICS
- Salary Continuation
Weeks of pay, and form of payment
- Partial Year Bonus
Eligibility and methodology
- Non-Cash Benefits
Paid Medical, Dental, Life Insurance, Administration Services, Outplacement Counseling, Unused Vacation Time, Outstanding Loans
- Outstanding Deferral Awards
Dispensation of unvested/undelivered awards
- Garden Leave Policy Policy
Details, Release Agreements This study will compare practices across different types of firms, as well as different regions and, when applicable, levels of staff.
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