Jobs & career: How severance pay packages can be a deal-breaker

Senior executives reject more than 25% job offers on average due to unsatisfactory severance pay packages included in the monetary component, reveals a study of 100 C-suite searches carried out by search firm BTI Consultants

E-commerce leads the sectors in severance payout. E-commerce, being a relatively new sector, has higher business uncertainties.

Therefore, employees tend to be careful while taking a call to join this sector. Hence their concern needs to be taken care of in terms of job stability,” said James Agrawal, managing director, BTI Consultants.

Here are key findings of the study: