. Think of it as practice for the assignment. As such, focus on content, not formatting. Your paper should be no more than 1 to 2 pages in length.

For this activity:

Create a severance package for a separated employee in a fictitious 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 Microsoft Word or an equivalent application, such as OpenOffice.