What do you do if you need guidance navigating severance package negotiations after a layoff?

Conduct a thorough review of your employment contract and company policies to understand your entitlements regarding severance. Pay close attention to any clauses related to termination and severance packages to ensure you're fully informed.

Dedending on your location, you may be entitled to a severance package or not by law and by collective bargaining agreements. This should be the minimum you are entitled. Keep this in mind throughout the negotiation. Then move on to understand things like: - additional company policies on severance payments - company policy on bonus payments - your status as a leaver (good leaver or bad leaver) - continuation of certain benefits - anything else pertaining to your individual contractual situation The list can be long depending on where you are and what position you have

Human Resources is not my area of expertise but I can surmise you must do the research for your decision to be fair and competitive. It's already a tough situation so you want the employee to leave with a sense of fairness and justice.

Severance Savvy! Getting handed a severance package? Time to arm yourself with knowledge! Did you know your legal rights could be your secret weapon in negotiations? It's all about reviewing those documents and understanding what you're entitled to. Don't settle for less—empower yourself with the facts and negotiate like a pro! ?? Ready to level up your severance game? Let's dive into the legal nitty-gritty! #KnowYourRights #NegotiateSmart

When negotiating a severance package, it's essential to consider not only the monetary compensation but also the non-financial benefits that can greatly impact your transition. While the focus is often on the financial aspect, negotiating for perks such as outplacement services can be invaluable and essential to your transition. Additionally, don't overlook the importance of continued health insurance coverage and retaining company-provided equipment. Losing health insurance coverage abruptly can be financially burdensome. Retaining equipment like laptops or phones can also be beneficial, especially if they are essential tools for your job search or if you've invested in custom software or tools that you'd like to continue using.

Research industry standards and benchmarks to benchmark the offered severance against prevailing practices. This comparative analysis provides valuable context and helps you determine whether the offer is competitive and reflective of market norms.

Assessing the offer against some of the research you have done. Ask a few trusted friends in your country/state/industry if you can. Ultimately, the offer is only fair to YOU. So what are the elements of the offer that you deem to be important. Cash? Benefits continuation? Pension? timing of departure? Remember that everything can be negotiated, it depends on what value you can also offer during the transition period.

Severance Sift & Sort! Time to put that offer under the microscope! Assessing every detail from your tenure to your role is key. Is it fair? Does it meet your needs? Let's crunch those numbers and weigh the benefits. Your transition matters—so let's ensure the offer aligns with your goals! Ready to dive into the nitty-gritty and secure the best deal? Let's make your next move your best move! ?? #AssessWithSuccess #SeveranceStrategy

Work with your coach to refine your communication skills, ensuring clarity, persuasiveness, and confidence during negotiations.

Unlock Your Negotiation Power! Feeling unsure about your next move? Time to call in the experts! An executive coach specializing in severance negotiations is your secret weapon! Get personalized guidance, craft a winning strategy, and unleash your negotiation prowess. With their support, you'll ace those tough conversations and secure the best possible outcome. Ready to level up your negotiation game? Let's make your exit a smooth success story! ?? #NegotiationNinja #ExpertAdvice

A few things to think about in the negotiation: - can you offer a longer and more robust handover for more cash? - can you negotiate an extra payment in lieu of a bonus, for a project completion for instance? - can you negotiate your inclusion in the annual bonus plan if you have one? - are there benefits in kind you can ask to keep for longer? Again, what will matter to you? and what do you need once you have no employment? What is your personal/familiy situation?

Negotiate Like a Pro! Time to channel your inner negotiation guru! Approach the table with confidence and clarity. Highlight your value, but remember to listen and be flexible. Finding that sweet spot where both sides win? That's the golden ticket! Let's turn those negotiations into a win-win masterpiece! Ready to seal the deal with finesse? Let's make it happen! #NegotiationMastery #WinWin

Seal the Deal with Confidence! Don't rush that signature! Before you accept any offer, give it a thorough once-over. Check those terms, watch out for sneaky clauses, and ensure it's all in your favor. Need a second opinion? Don't hesitate to bring in the pros! Whether legal eagle or executive coach, their expertise can be your safety net. Only when you're 100% satisfied, should that ink hit the paper! Let's make sure your next chapter starts on the right foot! #ReviewWithConfidence #SeveranceSuccess