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Companies offer some form of severance and separation benefits

According to a “2017 – 2018 Severance & Separation Benefits Study, released by Lee Hecht Harrison and Compensation Resources Inc., employers continue to offer severance and separation benefits, but the terms and practices are becoming more flexible. The survey found while 97 percent of the respondents say their organization offers some form of severance, only 55 percent have formal, written severance policies. For further results of the survey, read article here…

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