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Darlene
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Do any agencies offer a severance package to their employees?

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lauriekay
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Hi Darlene:

We see many agencies offer severance, particularly to longer term employees. It usually involves a specific amount of pay for reach year employed in addition to some coverage for health under COBRA, after their last day. Many agencies might only offer severance after someone has been employed 3+ years with the agency as a full time employee. This can be outlined in your policy manual.

Give me a call at 610-374-9093 if you'd like to discuss.

Laurie

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Jay Friedman
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A minimum of 2 weeks for each year of service (assuming a layoff and not a termination for performance) is pretty standard in many industries.

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