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Analysis of Severance Payment Trends Among HR Professionals (2008 Survey Results)

This report analyzes the responses of 399 HR professionals regarding severance payments to laid-off nonunion workers, based on a survey conducted between March 11 and March 20, 2008. Among 2,825 emails sent, a response rate of 15% was achieved, with 2,764 emails received. The study reveals that 22% of respondents indicated their organizations do not provide severance payments. The findings include information about severance payment duration and the necessity of signed release forms for liability protection related to employment actions.

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Analysis of Severance Payment Trends Among HR Professionals (2008 Survey Results)

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  1. Severance Payment • Sample comprised of 399 randomly selected HR professionals. • Analyzing 399 responses of 2,825 emails sent, 2,764 emails were received (response rate = 15%). • Survey fielded March 11 – March 20, 2008; presentation generated on March 21, 2008. • Margin of error is +/- 5%.

  2. Severance Payments to Nonunion Workers Who Are Laid Off n = 306 Note: Percentages do not total 100% due to rounding. 22% of HR professionals that reported that their organization did not offer severance Payment tot nonunion workers were excluded form this analysis.

  3. Severance Payment Workers Receive For a Pre-determined Period n = 306 Note: HR professionals who responded “not sure” and those that offer no severance payment were excluded from this analysis.

  4. Organizations Requiring Laid-off Workers Who Receive Severance Payment to Sign a Form Releasing Organization From Liability For Employment Actions n = 339 Note: HR professionals who responded “not sure” and those that offer no severance were excluded from this analysis.

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