Saturday, March 28, 2009

Quick Tips for Negotiating a Severance Agreement

From Computerworld, March 26, 2009...

The moment you find out you're being laid off, when your boss tells you that your position is no longer needed, it's nearly impossible to think clearly, especially if the layoff is a surprise.

Because your mind is racing and your emotions are rising, it's one of the worst possible times to have to consider a legally binding contract-the severance package your employer may be eager for your to sign, says Martha Finney, author of Rebound: A Proven Plan for Starting Over After Job Loss.

That's precisely why it's so important for you to take the time to read and understand the severance package your employer is presenting, says Finney.

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