severence
HRH
83 Posts
We have no written policy regarding severence. We have a ten-year employee who resigned on good terms, stating burn-out as his reason. Would anyone think it appropriate to offer him severence for ten years of service? We have a difference of opinion among management. Thanks!
Comments
Severence should not be a going away present for a nice employee who is leaving. And, I've never heard of severence for someone who resigned unless they were pressured to do so.
Typically, severence is a 'gosh, I'm sorry I had to RIF your position' deal, or, a 'this money will tide you over during a job search and, by the way, please sign this contract not to sue and go away'.
In your situation, it would be more appropriate to bring in a covered dish dinner, a placque and some chips.
For a really good employee that might provide some factual training of a new person might be considered and provided.
Has the company considered the value of the evidently good employee, and offered a retention bonus to get the employee to stay and work out the burned out condition or even a transfer to new and more interesting work?
Bottom-line experience will tell you "cut and open the exit door sooner rather than later". All of the other good guys and friends can take him/her to dinner and have a good time of departure.
PORK