When a FORTUNE 500 manufacturing company found itself under intense pressure to cut operating costs quickly and substantially, Buck Consultants saw an opportunity to apply its Severance Solution® — a fully outsourced, turnkey, end-to-end product that reduces a company’s severance costs. The results were a huge success.

In the words of our client, “When we needed to reduce our workforce, Buck quickly offered us a solution that reduced our severance by about 20 percent — nearly $5 million in the first year. At the same time, it allowed employees to receive 100 percent replacement of income during their period of transition to another employer. Buck provided valuable assistance to our company, and our displaced employees, during a difficult time.”