Discuss the following situation: Your marketing manager has just told you she plans to dismiss her...

Discuss the following situation: Your marketing manager has just told you she plans to dismiss her administrative assistant for nonperformance and needs help designing a severance package. The administrative assistant was with the organization for two-and-a-half years and his current salary is $35,670. What would you suggest he be offered and why?

Expert Solution

Answer:

The suggested pay for severance package should cover two weeks' pay for every year the employee served the organization. The performance will be subject to the severance package to the employee. Company financial muscle will be assessed to ensure the employee is provided with a useful severance package.

Explanation:

The severance package that should be provided is supposed to cover for every year the employee has worked for the organization, performance of the employee in the organization, and financial capability of the organization. The company has to offer the best severance package for the employee that is leaving to develop a positive brand image in the market. The organization brand will influence a positive perspective in the company among employees that remain in the organization. The organization will attract clients that would enhance a positive outcome in the company through increased revenue based on the positive brand image.

keosha answered 1 year ago

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