15 min

Why Do Employers Offer Severance Pay? The Smart Start Money Podcast

    • Education

A Severance Package Is Not Offered Out of KindnessEmployers do not offer severance pay out of the kindness of their heart for a worker that is let go. A company that decides to give a parting employee severance does it to protect their interests.Not all companies offer severance pay and it isn’t a requirement in most instances. Yet, a growing number of businesses are putting packages together for employees that are let go. What is severance pay and why are a growing number of employers choosing to offer it?This podcast episode talks about why companies decide to offer severance packages. Visit Our Website: https://smartstartmoney.comSubscribe to the Podcast:  https://smartstartmoney.podbean.com/Questions or Comments About the Podcast? Email: info@smartstartmoney.com Pinterest: https://www.pinterest.com/smartstartm... Facebook: https://www.facebook.com/Smart-Start-... Linkedin: https://linkedin.com/in/smart-start-m... Instagram: https://www.instagram.com/smartstartm...    

A Severance Package Is Not Offered Out of KindnessEmployers do not offer severance pay out of the kindness of their heart for a worker that is let go. A company that decides to give a parting employee severance does it to protect their interests.Not all companies offer severance pay and it isn’t a requirement in most instances. Yet, a growing number of businesses are putting packages together for employees that are let go. What is severance pay and why are a growing number of employers choosing to offer it?This podcast episode talks about why companies decide to offer severance packages. Visit Our Website: https://smartstartmoney.comSubscribe to the Podcast:  https://smartstartmoney.podbean.com/Questions or Comments About the Podcast? Email: info@smartstartmoney.com Pinterest: https://www.pinterest.com/smartstartm... Facebook: https://www.facebook.com/Smart-Start-... Linkedin: https://linkedin.com/in/smart-start-m... Instagram: https://www.instagram.com/smartstartm...    

15 min

Top Podcasts In Education