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I think I'm missing something here.. but how can one negotiate severance pay for termination. I was under the assumption that companies offered severance pay
by itsmefaz 6y ago
I think I'm missing something here.. but how can one negotiate severance pay for termination.
I was under the assumption that companies offered severance pay as a means to save face.. and this is not part of the offer negotiation.
- bluntfang 6y agoanything is for sale and on the table, you just have to ask/demand it. Doesn't mean you're going to get it though.
- schkkd 6y agoEverything is negotiable. You can negotiate a private office with a ocean view if you're valuable enough. This won't work for rank and file employees obviously.
- mhluongo 6y ago> I was under the assumption that companies offered severance pay as a means to save face.. and this is not part of the offer negotiation. Quite the opposite- this is how exec compensation works. It seems less common in startup land but I've dealt with it before
- SamReidHughes 6y agoFor some high-level positions, it gets negotiated up-front. You're leaving some other company, taking a risk, and there's a good chance you might not be right for the new company. But if you're less high-level but rare and desirable, well, some situations, like moving cross-country, might make it a bit appropriate.