Completing this activity will help you prepare for the upcoming assignment in Week 7. Consider this a practice assignment and focus on content, not formatting. Your paper should be no more than two pages in length.
For this activity:
· Create a severance package for a separated employee in a fictitious company that includes position differences, years of service, actual compensation amounts, and any additional benefits.
· Explain whether severance pay is taxable and why or why not.
· Create a chart depicting a fair and equitable timeline for the disbursement of the compensation.
· Use Microsoft Word or an equivalent application, such as OpenOffice.
· Cite one or more credible, relevant, and appropriate sources that support the creation of a severance package.
· Consider beginning with your course textbook and sources that can be found in the