The PR value of severance pay

If your company’s had to temporarily downsize — and you’re hoping to bring some of those workers back — here’s what’ll help you do it.

Some form of severance could play a key part in bringing those workers back.

Why? A recent Monster.com study shows most employees only have one week’s pay in their savings account. Often times they’ve saved even less.

So a severance check — no matter how small — could be an invaluable gesture of good will.

Plus, such a gesture could help improve loyalty and retention among those current workers.