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Severance in Retail & Hospitality

Retail & Hospitality severance benchmarks

Severance is set by industry custom as much as by company size or tenure. Here’s how packages typically scale in retail & hospitality.

Low end
0.5 wk / year

Smaller employers, performance-related separations, or distressed companies.

Typical
1 wk / year

The midpoint we see in publicly reported offers across this industry.

High end
2 wk / year

Larger employers, senior roles, or layoffs as part of a structured RIF.

Floor

1 weeks minimum

Even very short-tenure employees in retail & hospitality typically see at least this floor when severance is offered. It is not a statutory guarantee — check your offer letter or employee handbook for the contractual minimum.

A note on Retail & Hospitality: Retail often offers minimal severance; check state law for any final-pay protections.

Benchmarks compiled from public severance disclosures, RIF filings, and outplacement-firm research (Lee Hecht Harrison, Mercer, RiseSmart, and BLS layoff studies 2022–2024).

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Step 1 of 3

Tell us about your income.

We use this to estimate your severance and what taxes will take.

Your gross pre-tax salary, not including bonus or equity.

$/ year

Time at your current employer. Decimals OK (e.g. 4.5).

Estimates based on public data and industry benchmarks. Not legal advice.