In the present times of recession blues more and more companies are considering layoffs as an only option to stay in business. So even if you are a valued employee and the best at your job, the ax may fall on you. In the case of company laying you off, they may offer you a severance package. The important point here is that it is possible for you to negotiate your severance package.
By negotiating the severance package that has been offered to you, you get a chance to ask for something that you are entitled to. You need to look at the offer more closely and also compare it with the offers that have been given to others. For example, if you are a senior member with more than 5 years with the same company, then you should get a better offer than someone who has been with the company for less than a year. You should actually negotiate for two to three months of pay or even more if you feel that the position of your expertise is unlikely to open up elsewhere. You need to put up all your points professionally and have a clear idea of what you are asking for. In order to negotiate well, it would be beneficial if you know what the severance package actually contains.
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