The Role of Severance in Today's Employment Environment

Sponsored By Buck Consultants

Topics:

Employee Benefits & Human Capital > Compensation

Professional Services > Consulting

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Abstract:

Employers' search for low-cost labor and the focus on core competencies have ushered in an era of off-shoring and outsourcing. Technological advances enable companies to do more with fewer people — and they are. These developments, coupled with continued consolidation in some industries, have led to many reductions in force.
How companies respond to the business imperative of downsizing and layoffs, as well as how employers "take care" of terminated workers, is a critical element of business policy that affects both their business culture and, ultimately, the national economy.

DETAILS

Sponsored by: Buck Consultants

Posted: March 25, 2008

Length: 4 pages

Format: PDF (222 kb)

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