What's the general rule on how much severance pay to offer RIF'ed employees? — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily
We have to lay off several employees. Some have only been with us a couple of years, but one has worked here for 13 years. We want to treat them right by providing severance pay, but I don't know how much is appropriate. Those of you who have been in this situation, how much severance did you offer?—Jason, Ga.
Your employee handbook can be an invaluable organizational tool … or an employment lawsuit waiting to happen. And in recent years, Congress and state legislatures have been busy enacting laws that directly affect your employee handbook. If you haven't kept up, you could find yourself in court....Click here to find out more.