SUB-Pay Plans Could Ease Employer Severance Costs

TSI in the News 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

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