This week on #ASKHERMIE

What should you expect in a severance package?

Are there standard items that need to be included in all severance packages?

As Hermie explains, severance packages are made up of a few necessary items (continuation of your compensation, benefits and allowances) and a few additional items that should be negotiated based on a terminated employee’s personal, professional, and financial needs.

#ASKHERMIE

If you are human, leave this field blank.Name *FirstLastEmail *PhoneBurning Question *I wish to remain Anonymous * Please keep my Identity ConfidentialI wish to Subscribe to * Future updates of #ASKHERMIE Advocation’s Employer Newsletter Advocation’s Employee NewsletterWe will never SPAM you.Submit

For additional information about how notice of termination is calculated, please checkout the following blog posts:

1. Severance Packages – How Much Should I Get – this article discusses how severance packages are determined/calculated.
2. Am I Entitled to My Annual Bonus – this article discusses the treatment of an employee’s bonus if the bonus payment occurs after the employee loses his/her job.