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Paying Severance

Providing compensation greater than what is owed the employee at the time of termination may be just that little extra touch that the fired employee needs to believe they were fairly released. In addition, they would presumably be less disgruntled and less likely to file a wrongful discharge lawsuit.

Being terminated is not a pleasant experience for most employees, even when the individual accepts his or her responsibility for the final outcome. Any major life-changes for individuals are serious sources of stress, and threatened financial self-sufficiency as the result of being fired is right near the top of the priority list.

Severance will assist with the transition period following termination of employment and may take the form of monetary lump sums or extended benefits such as insurance and dental coverage.


The above book excerpt is from:

You're Fired! Firing Computer Professionals

The IT manager Guide for Terminating "With Cause"

ISBN 0-9744486-4-8

Robert Papaj 

http://www.rampant-books.com/book_2005_1_firing.htm


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