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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Vast Majority of Companies Provide Enhanced Severance Benefits Below the NEO Level in a Change in Control
Towers Watson Oct. 9, 2015 "The survey responses suggest that enhancing severance for terminations in conjunction with a CIC is widespread. The vast majority (93%) of respondents indicated they do so for some portion of employees below the NEO level, with two-thirds (67%) of those companies offering enhanced cash compensation (salary and/or bonus) and accelerated vesting of equity and about a quarter (26%) offering only accelerated vesting of equity." |
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