Homework: Severance Package
Completing this activity will help you prepare for the upcoming homework. Consider this a practice homework and focus on content, not formatting. Your paper should be no more than two pages in length.
For this activity:
i. Create a severance package for a separated employee in a fictitious company that includes position differences, years of service, actual compensation amounts, and any additional benefits.
ii. Explain whether severance pay is taxable and why or why not.
iii. Create a chart depicting a fair and equitable timeline for disbursement of the compensation.
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.