Forums

Closedown
General Forum
Closedown
Discuss workforce management, performance management, retention, communication, motivation, contributing to business results and other topics.
Does anyone have experience in shutting down a plant or store? I am wondering what you have to offer those managers and employees that stay until closing to make it worthwhile for them to do so. We ha
1
Cat:Topic ForumsForum:ForumId53
Cat:Topic ForumsForum:ForumId53Discussion:DiscussionId35187

Forums » Topic Forums » General Forum » Closedown

You must be logged in to contribute. Log in | Register
 
 First << 1 2
Forums  »  Topic Forums  »  General Forum  »  Closedown

Closedown

posted at 11/14/2008 10:25 AM EST
Posts: 1771
First: 10/24/2002
Last: 9/14/2011
Point taken. I'm in Canada and am not familiar with trends in severance pay amounts in the US. I guess I was referencing Canadian severance payments, which are generally HUMUNGEOUS!!! and as a result, additional stay bonuses on top of HUMUNGEOUS!!! severance payments is a bit of a silly idea.
New post Reply to this post

Closedown

posted at 11/14/2008 4:12 PM EST
Posts: 2442
First: 2/12/2000
Last: 9/14/2011
Yes the Canadian payouts of two years of pay are over the top.
New post Reply to this post

Closedown

posted at 11/15/2008 5:31 AM EST
Posts: 1771
First: 10/24/2002
Last: 9/14/2011
They're not THAT humungeous! Some Canadian employees may've gotten two years' pay (and I've personally only heard of one that got that), but the very vast majority of Canadian severance pay amounts are between three and twelve months' worth of pay. When I said humungeous, I meant it as compared to American severance packages.
New post Reply to this post
 First << 1 2

Forums » Topic Forums » General Forum » Closedown

Stay Connected

Join our community for unlimited access to the latest tips, news and information in the HR world.

  • Workforce Technology (Bi-weekly)

    Covering the latest technology trends, tools and applications that are shaping the workforce in the 21st century. Delivered the 2nd & 4th Thursday of each month.

  • Dear Workforce (Bi-weekly)

    See what HR professionals are asking, and what Workforce Management experts are saying. Delivered the 1st and 3rd Thursday of each month.

  • Workforce Benefits (Weekly)

    Stay current on all aspects of employee benefits, from health care to retirement issues. Delivered on Wednesdays.

  • Workforce Week (Weekly)

    Free weekly update on the trends in HR and new tools added to Workforce.com. Delivered each Tuesday.

  • Workforce Talent (Monthly)

    See the recruiting, talent development and retention strategies of top companies and get the resources for effective talent management. Delivered the 2nd Monday of each month.

  • Workforce Training (Monthly)

    Stay current on the latest strategies and resources for training and developing your workforce talent. Delivered the 3rd Monday of each month.

HR Jobs
View All Job Listings

Search