Mayo Clinic Severance Package: 2026 Guide
Based on tenure and position; typically 2-8 weeks. Calculate your estimated Mayo Clinic severance below.
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What Mayo Clinic Typically Offers
Known Severance Benefits
- ✓Tenure-based severance
- ✓Extended health benefits
- ✓Outplacement for administrative staff
- ✓Professional reference support
Mayo Clinic Recent Layoff History
| Date | Employees | Details |
|---|---|---|
| 2020 | 700 | COVID-era revenue impact reductions |
Sources: Modern Healthcare, Minneapolis Star Tribune
Mayo Clinic Severance Tax (Minnesota)
Mayo Clinic is headquartered in Minnesota. Here's how severance is taxed there:
Example: A Mayo Clinic employee with 5 years of service earning $95,000 would receive approximately $18,269 gross ( $12,450 after tax in Minnesota).
How Mayo Clinic Compares to Healthcare Average
Other Healthcare Companies
| Company | Formula | Rating |
|---|---|---|
| CVS Health | 2 weeks per year of service (standard corporate) | Standard |
| UnitedHealth Group | 2 weeks per year of service + transition benefits | Standard |
| Kaiser Permanente | Union-negotiated for many roles; typically 2-4 weeks per year | Standard |
| HCA Healthcare | Varies; typically minimal for non-executive staff | Below Average |
Negotiating Your Mayo Clinic Severance
Strategies specific to Mayo Clinic employees:
- ✓Mayo Clinic is a prestigious institution — leverage your Mayo affiliation for your next role
- ✓Push for a recommendation letter from your department head
- ✓Negotiate for continued CME credit access
- ✓Ask for extended credentialing support during transition
Think Your Severance Is Too Low?
Employment lawyers have helped workers negotiate 2-5x their original offers. Get a free consultation.
Mayo Clinic Severance FAQ
How much severance does Mayo Clinic pay?▼
Mayo Clinic typically offers Based on tenure and position; typically 2-8 weeks. Their severance reputation is rated as “Standard” compared to healthcare industry peers. In recent layoffs (2020), covid-era revenue impact reductions.
Can I negotiate my Mayo Clinic severance?▼
Yes, most severance packages at Mayo Clinic are negotiable. An employment lawyer experienced in healthcare can typically negotiate 2-5x the initial offer, especially if there are potential legal claims or WARN Act violations. Many offer free initial consultations.
How is Mayo Clinic severance taxed?▼
Mayo Clinic severance is taxed as supplemental wages at 22% federal flat rate plus 9.8% Minnesota state tax, for a total of approximately 31.9%. If you work remotely, your state of residence tax rate applies instead.
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