American InterContinental University Week 7 The Severance Package Paper

Completing this activity will help you prepare for the upcoming assignment in Week 7. Think of it as practice for the assignment. As such, focus on content and not formatting. Your paper should be no longer than 2 pages in length.

For this activity:

– Create a severance package for a separated employee in a ficticious company.

– At a minimum include:

Position differences

Years of service

Actual compensation amounts

Any additional benefits that you want to add

– Determine whether severance pay is taxable.

– Create a chart that depicts the timeline of the disbursement of the compensation.

– Use of Microsoft Word or an equivalent application, such as OpenOffice.

Use at least one quality academic resource in this activity.