Compensation Resources, Inc. Opens Participation in its 2012 Survey of Employee Severance and Turnover

Upper Saddle River, NJ – Compensation Resources, Inc. (CRI) is pleased to announce that participation is now open for the 2012 Survey of Severance and Employee Turnover.  This survey, targeted to the general industry, is designed to capture data on the prevalence of various practices affecting severance policies, as well as turnover, among employers that represent all sizes, locations, and industries. 

This survey reports the different areas of severance.  Some of the information reported includes implementation, updates, how often the current policy is reviewed, length of severance, payment methods and paid out.

Other major points recorded in this survey are:

P       Healthcare costs and coverage

P       Outplacement eligibility and services

P       Covenants

Turnover statistics and trends, covering both voluntary and involuntary turnover, as well as various processes and procedures undertaken as part of an organization’s tracking, are also included based on a cross section of industries.

All participant information will be held in the strictest confidentiality.  All the data will be pooled; hence, individual responses cannot be traced back to any company in particular.  Participants received the published report FREE OF CHARGE, whereas non-participants may purchase the survey for $190.

If you would like to participate, please visit our website at www.CompensationResources.com.  If you would like more information regarding this or any of CRI’s surveys, please contact Andy Sellers, Manager of Surveys, at (201) 934-0505 x115.