Keep your finger on the pulse of HR trends with our best selling surveys

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Severance Pay in Major Markets around the World

Terminations, layoffs and downsizing have become all too common in today’s turbulent economic labour market. Businesses must be aware of local severance requirements before terminating their employees; they also need to evaluate how downsizing will affect corporate finances and reputation.

Severing employment requires a proper understanding of the laws involving complex severance and restructuring practices as well as statutory protections for employees in different markets. This 2008 report, "Severance Pay in Major Markets around the World," helps employers address challenges in devising effective severance programmes to terminate redundant workers. 

The report presents current information on severance pay practices and statutory protection across 26 countries. It provides information on local laws and regulations on severance practices; statutory protection for employees; cost, duration and complexity of workforce reduction; and an estimate of severance benefits and payments by employee group.

 Learn more about the Severance Pay in Major Markets around the World

Testing economic times provide the ultimate "stress test" for human capital strategies

Designing efficient employment and benefits programmes for challenging times requires quick access to current, reliable information on worldwide labour conditions, statutory obligations, compensation trends and typical employer practices. To help you through, we've compiled this list of relevant survey reports:

• Global Pay Summary
• Short-Term Incentives around the World
• International Car Policies report
• International Geographic Salary Differentials 

Manage your global workforce:

Global Compensation Planning Report Worldwide Benefits and Employment Guidelines Sales Salaries around the World HR Outlook in China HR Atlas Americas International Assigments Survey (2008 Edition) Benefits Survey for Expatriates and Globally Mobile Employees (2008 Edition)