TSI in the News

SUB-Pay Plans Could Ease Employer Severance Costs

Thursday, August 15th, 2013

Severance packages — and the taxes that piggyback on them — can stress a company’s cash reserves. But a supplemental unemployment benefit plan, also known as a SUB-pay plan, can be a great way to lay off workers in a fair way financially and help companies lower severance costs, experts say.

For full text of this article, visit http://www.workforce.com/articles/9288-sub-pay-plans-could-ease-employer-severance-costs

Strategic Redesign of the Severance Package

Tuesday, September 1st, 2009

Organizational restructurings, reductions in force and company paid severance benefits are common business practices in both the strong economy of the not-too-distant past and the current economic crisis. Reducing corporate expense is a high priority for most companies today, and the significant cost of compensation and benefits has resulted in heightened scrutiny of employee benefits across the board. Strategic Redesign of the Severance Package [PDF].