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Oracle Tips by Burleson |
Paying Severance
Providing compensation greater than what is
owed the employee at the time of termination may be just that little
extra touch that the fired employee needs to believe they were
fairly released. In addition, they would presumably be less
disgruntled and less likely to file a wrongful discharge lawsuit.
Being terminated is not a pleasant
experience for most employees, even when the individual accepts his
or her responsibility for the final outcome. Any major life-changes
for individuals are serious sources of stress, and threatened
financial self-sufficiency as the result of being fired is right
near the top of the priority list.
Severance
will assist with the transition period following termination of
employment and may take the form of monetary lump sums or extended
benefits such as insurance and dental coverage.
The above book excerpt is from:
You're Fired!
Firing Computer Professionals
The IT
manager Guide for Terminating "With Cause"
ISBN 0-9744486-4-8
Robert Papaj
http://www.rampant-books.com/book_2005_1_firing.htm |