payseverance.com

To provide severance pay to a departing employee is both a kindness on the part of the employer and a legal necessity in this era of law suits. The departing employee receives pay that will supplement his or her unemployment compensation and cushion his or her standard of living while job searching.

Since many times a person’s employment is terminated through circumstances external to their work, the provision of severance pay is a positive and supportive gesture. The payment of severance pay is also viewed as positive by the employees who remain who judge their employer by his or her actions.