Size Does Matter (Size of Your Severance Check, That is)
Posted on | December 15, 2008 | No Comments
Compared to workers in the rest of the world, U.S. workers’ severance checks are positively puny. But! You’ll be happy to know that when it comes to severance, U.S. workers and managers are nearly equally shorted.
MY SEVERANCE CHECK IS BIGGER THAN YOURS
Average number of weeks of salary paid per year of service
Country |
Managers |
Workers |
| Netherlands | 4.08 | 4.05 |
| Japan | 3.97 | 3.65 |
| Germany | 3.63 | 3.25 |
| Canada | 3.36 | 2.35 |
| Brazil | 3.14 | 3.10 |
| Britain | 2.92 | 2.66 |
| France | 2.70 | 2.09 |
| U.S. | 1.78 | 1.44 |
Source: Right Management 2008 global survey of HR professionals
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Category: Finances, Job, Job Search help
Tags: job cuts > jobs > layoffs > severance pay > unemployment
Tags: job cuts > jobs > layoffs > severance pay > unemployment
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