How can you negotiate a severance package with a non-compete clause?

2 Prepare your arguments

Once you have assessed your situation, you need to prepare your arguments for why you deserve a better severance package or a more favorable non-compete clause. You can use your performance, contributions, and achievements as evidence of your value to the company and your industry. You can also research the market rate and the average severance package for your position and sector. You should also anticipate and address any objections or counteroffers that your employer may have, such as the risk of losing clients, trade secrets, or competitive advantage.

3 Negotiate with confidence

When you are ready to negotiate, you should approach the conversation with confidence and professionalism. You should express your gratitude for the opportunity and the severance offer, but also explain why you think it is not fair or reasonable. You should focus on your interests and needs, not on your emotions or personal issues. You should also be flexible and willing to compromise, but not to the point of undermining your value or rights. You should aim for a win-win outcome that benefits both you and your employer.

5 Review and sign the agreement

After you have reached an agreement with your employer, you should review the final document carefully and make sure it reflects what you discussed and agreed upon. You should also check for any errors, omissions, or ambiguities that could cause problems later. You should ask for clarification or correction if you find any issues. You should also keep a copy of the agreement for your records and reference. Once you are satisfied with the agreement, you can sign it and move on with your career.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?