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How Much Severance Pay?

Published on December 12, 2008

The Connecticut Employment Law Blog has a timely post here about a study on the amount of severance benefits paid out by corporations.  The survey reports the following average weeks of severance pay based on years of service: Voluntarily Separated: Top Executives - 2.76 Senior Executives - 2.23 Department Heads/Managers - 1.55 Professional/Technical - 1.39 All other employees - 1.23 Involuntarily Separated: Top Executives - 3.04 Senior Executives - 2.49 Department Heads/Managers - ...

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