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Outline termination and severance policies Determine procedures for terminating employment, including notice periods, severance pay, and outplacement assistance. Sign-on bonuses: Newly hired employees may be eligible for a sign-on bonus of up to $5,000, depending on the position and hiring needs.
Offer support to affected employees: Consider offering support services, such as career counseling or outplacement assistance, to help employees transition to new roles. Support services The organization may offer support services, such as career counseling or outplacement assistance, to affected employees.
The severance package will include payment for unused vacation time, compensation for loss of office, and outplacement assistance. Neither the author nor Workable will assume any legal liability that may arise from the use of this policy.
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