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Severance pay: How much? Expand / Collapse
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Posted 10/22/2008 3:50:27 PM
 
We are revising our severance pay agreement to include a different rate of pay for managers and executives. How much does your company offer?
Post #2036
Posted 2/26/2009 3:59:12 PM
 
We base how much severance we pay by how long the employee has worked here. Because we are a small company, we pay 1 week for every year and if it's less than a year, we also pay 1 week. However, I have worked for large Fortune 500 companies that pay 2 weeks for every year, and if less than a year, 2 weeks.
Post #2163
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