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The Small Business Guide to Severance Packages

The Small Business Guide to Severance Packages

The COVID pandemic has left many employers with more leaving employees than they’d like—from mass layoffs in early 2020 to the “Great Resignation” of 2021. And HR pros know that workers leaving an organization means more than just saying goodbye. Severance packages, for example, need to be handled with care. 

How to Handle Severance Packages

In the latest episode of HR Party of One, I cover how small businesses should handle severance, including when and how it should be offered. By the end, you’ll have a better understanding of whether your organization should offer severance packages and how to do it right:


Additional Resources

You can stay informed, educated, and up-to-date on important HR topics with BerniePortal’s comprehensive resources:

  • BerniePortal Blog—a one-stop-shop for HR industry news
  • HR Glossary—featuring the most common HR terms, acronyms, and compliance
  • HR Guides—essential pillars, covering an extensive list of comprehensive HR topics
  • BernieU—free online HR courses, approved for SHRM and HRCI recertification credit
BernieU Course: Intro to Forms 1094-C and 1095-C 2023 CTA
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