Twitter’s layoffs by email were highly publicized and reportedly the most chaotic since those conducted over Zoom by better.com. What can employers learn from them? We offer some lessons here. Lessons from Twitter Layoffs 1. Don’t act too quickly While Elon Musk and...
One of the reasons employee terminations can feel difficult to manage is that the process has so many steps to keep track of. From putting together a severance package to collecting key cards, an employee termination requires a lot of work and attention to detail from...
Having an established policy regarding severance is a best practice for any company—not only to make the difficult process of layoffs easier, but also to protect the company from potential legal action. But what should you consider when creating your policy and...
Companies offer severance packages to outgoing employees for good reason. Not only do the packages help employees as they transition to new positions, but they also benefit the company by helping to reduce the risk of lawsuits, lower unemployment costs, and protect...
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...
