What to Know About Severance Pay amid High-Profile Layoffs

Severance Pay amid High-Profile Layoffs While mass layoffs are a fact of life for many companies, severance pay can take the sting out of it. A comprehensive package of salary and benefits can help departing workers find new jobs, while also allowing them to save money for the next chapter in their careers. And while there's no standard formula for how much a company must pay a departing employee...