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Severance pay should be a bridge, not a windfall, experts say

Compensation analysts and recruiters offer advice for both new CEOs and association board members negotiating a new contract Related contentAssociation severance payouts can be sizable With the last recession well behind us, association CEO compensation has been rising fairly steadily in the last few years, as CEO Update's annual salary study has shown. Yet one component of overall executive compensation—severance pay—has been on a different track. In general, severance does not seem to be rising as a percentage of overall pay, experts say. "The trends that I have seen in this area have actually been a little moderation being put on new contracts where severance is… Read More