A severance package can seem somewhat silly. Why should you offer money to someone who will no longer be working for you? The reality is that any time you terminate someone, you should offer severance pay — or at least strongly consider it.
Remember that before you initiate termination, you always want your employment attorney to double-check that you’re in compliance with all laws and that your documents are in order. You also want to be consistent in when you offer severance pay.
With that in mind, here’s when severance packages make sense.
To keep reading, click here: Why You Should (Almost) Always Offer Severance Pay