by INTOO Staff Writer | Nov 7, 2019 | Featured, Layoffs, Outplacement
From late 2007 until the summer of 2009, the U.S. experienced the worst recession since the Great Depression. In 2008 alone, foreclosures went up 81%, with almost 900,000 families losing their homes. Between 2008 and 2010, one in five Americans lost their...
by INTOO Staff Writer | Nov 1, 2019 | Featured, Layoffs, Outplacement
While mergers often make great business sense, they also bring up fears about pending layoffs for employees. Those fears aren’t unfounded and you may find yourself managing layoffs during a merger. Harvard Business Review reports “on average, roughly 30% of...
by INTOO Staff Writer | Oct 30, 2019 | Layoffs, Severance
While companies are not required by federal law to provide severance pay to terminated employees, many voluntarily choose to do so. This brings up a crucial question for HR experts: how is this type of pay calculated? Layoffs? Download this script to handle...
by INTOO Staff Writer | Oct 18, 2019 | Featured, Layoffs, Outplacement, Severance
While companies are not required by federal law to provide severance pay, offering a severance package is one way to better ensure an amicable split with departing employees. Severances packages generally include a continuation of pay for a period of time after...
by INTOO Staff Writer | Oct 11, 2019 | Featured, Outplacement, Severance
When employees leave a company, they are entitled to receive regular wages for time worked, plus compensation for accrued vacation time. Beyond that, companies aren’t required by law to provide additional benefits like severance pay, unless promised in an employee...
