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Severance tends to pop up on the public radar either in instances of executive compensation or when a tax or related change in the law takes place. Such cases tend to be guided by precedent and existing policy. When it comes to severance as part of company policy for all employees, however, no standard appears to exist.

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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