Here's how you can navigate negotiating a severance package after a layoff in the gaming industry.

2 Evaluate Worth

Consider your tenure, role, and contributions when determining what to ask for in a severance package. In the gaming industry, where projects can span years, long-term involvement might increase your leverage. Reflect on your impact—did you lead a successful game launch or contribute to a critical project? Use these points as part of your negotiation to emphasize your value to the company and justify your severance terms.

3 Prepare to Talk

When preparing for the conversation, approach it with a clear and calm mindset. Write down your key points and practice them. Remember, the gaming industry is tight-knit, and maintaining a professional demeanor is crucial for future opportunities. It's not just about what you say, but how you say it—be assertive but respectful. Timing is also important; request a meeting at a time when your manager is less likely to be distracted or stressed.

4 Negotiate Benefits

Beyond the paycheck, other components of your severance package can be equally valuable, especially in the gaming industry where health insurance or continued access to professional development resources can be significant. Consider negotiating for extended benefits coverage or assistance with job placement. If you're close to vesting stock options or other long-term incentives, see if there's room to negotiate an acceleration of these benefits.

5 Seek Support

You don't have to go through this process alone. Reach out to colleagues who have been through similar situations or seek professional advice from a lawyer or career coach who specializes in the gaming industry. They can provide insights into standard practices and help you craft your negotiation strategy. Having support can also boost your confidence and ensure you're making informed decisions.

6 Future Planning

Finally, use this negotiation as a stepping stone for your future career in the gaming industry. Consider asking for a reference or letter of recommendation as part of your severance package. This can be invaluable when applying for new positions. Also, inquire about outplacement services that can assist you in finding your next opportunity. Remember, a layoff isn't the end—it's a chance to realign and move forward in your career.

7 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?