InGovern Note on Executive Severance Packages

 

InGovern has published a note on Executive Severance Packages which answers the following questions:

  • What is an Executive Severance Package?
  • Why is an Executive Severance Package necessary?
  • How are they different from Severance Pays to other employees?
  • When are the executives provided the severance package?
  • What is the Quantum of Executive Severance Package?
  • Can a Company provide Severance Package to an Executive whose Employment Agreement has not specified any Severance Pay?

 

The note also discusses:

  • Examples of Executive Severance Packages in India and Around the World
  • Some Interesting Facts relating to severance pay in India and the world

 

The note can be downloaded from here: InGovern Note on Executive Severance Packages