SimpleSeverance helps HR and legal teams automate severance calculations and offboarding paperwork, reducing manual errors and ensuring legal compliance across jurisdictions. By standardizing workflows, it delivers consistent payouts and documentation while safeguarding sensitive employee data.
Key features include:
- Auto-severance calculations: Precisely compute severance pay, notice periods, accrued benefits, and final payouts based on local laws and company policies. Supports multiple severance formulas, handles accrued time off, prorated benefits, and severance tax considerations, with adjustable parameters for different jurisdictions and policies.
- Jurisdiction-aware compliance: Keeps you aligned with statutory requirements, generates compliant agreements, and flags potential risks before they occur. Regular updates reflect regulatory changes across regions to minimize legal exposure.
- Document generation: Produces severance agreements, release forms, final pay statements, and IT/return-of-property checklists in ready-to-send formats, with e-signature readiness and version control for audit trails.
- Payroll and benefits export: Exports data to payroll systems and benefits providers (CSV/API), supports prorated payout calculations, benefits continuation options, and seamless data mapping for smooth transitions.
- Secure data handling: Role-based access, audit trails, and encrypted storage to protect confidential employee information, with SOC2-aligned controls and comprehensive data governance.
By consolidating severance workflows in a single platform, SimpleSeverance helps organizations reduce legal exposure, speed up exits, and maintain a positive employer reputation even during difficult terminations.