A termination device for a suspension member of an elevator system includes a housing, and a wedge assembly positioned in the housing. The wedge assembly is interactive with the suspension member to apply a clamping force to the suspension member in response to an axial load acting on the suspension member. The wedge assembly includes a compressible cushion configured to increase uniformity of the clamping force applied to the suspension member by the wedge assembly. An elevator system includes a hoistway, an elevator car located in the hoistway, a suspension member operably connected to the elevator car to suspend and/or drive the elevator car along the hoistway, and a termination device located in the hoistway and operably connected to a suspension member end of the suspension member.