4 page. Excerpt: How companies respond to the business imperative of downsizing and layoffs, as well as how employers 'take care' of terminated workers, is a critical element of business policy that affects both their business culture and, ultimately, the national economy. Traditionally, companies have extended severance benefits to employees who become unemployed for reasons other than 'cause.' Over the years, severance payments have become as standard as salary earned for time worked. (See Severance: A Benefit Essentially Unchanged Throughout Changing Times in the right column [on target page].) This InsightOut addresses three issues related to severance benefits[.]

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