Severance packages vary greatly by industry and company, and there is no single definition of an appropriate severance package. However, there are some common elements that may be included:

• Severance pay: This is usually based on the number of years the employee has worked at the company. Typically, employees receive one to two weeks of pay per year of service, but it is common for employers to pay out two weeks of pay for each year at the company.

• Continued access to health care and other benefits: Employers of a certain size must offer the opportunity to continue health care coverage under the companys plan at the ex-employees expense.

• Job-search assistance: Some companies may offer job-search assistance to help employees find new employment.

• Mental health support: Some companies may offer mental health support to help employees cope with the stress of job loss.

Its important to note that severance pay is not mandatory in the U.S., and many companies do not pay it. Additionally, there is no such thing as a standard severance agreement, so its important for departing employees to ensure they understand the package before accepting it.