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2009 Severance Survey
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SURVEY COST:
| Non-Participant: $125.00 PDF / $140.00 Print |
DESCRIPTION:
Published: September 2009
Pages: 70
Data Effective: June 1, 2009
Number of Participants: 307 Click here for a sample of this survey
Compensation Resources, Inc. is pleased to present the results of our 2009 Severance Survey. The purpose of this study was to obtain current data on the prevalence of various practices affecting severance policies among employers that represent all sizes, locations, and industries. Data was compiled from survey questions that were developed by Compensation Resources, Inc.and distributed to companies in over 14 industries, in addition to Not-For-Profit organizations. The survey sampled severance data from a variety of organizations, collected in June through August, 2009. There were 307 organizations that participated in this study.
This survey reports the different areas of severance. Some of the information reported includes implementation, updates, how often the current policy is reviewed, employee satisfaction, length of severance, payment methods and paid out.
Other major points recorded in this survey are: - Healthcare costs and coverage
- Outplacement eligibility and services
- Covenants
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