Severance Package Negotiation: Asking for Exit Packages in Any Industry (Even Yours!)
Jan 13, 2025
Negotiating severance in unexpected industries can be a game changer for career transitions. One inspiring success story illustrates how a former educator secured a severance package that provided financial stability for planning her next steps. Discover the mindset needed to view severance as a mutually beneficial agreement. Learn key strategies for effective negotiations, overcoming psychological barriers, and the importance of preparation. Confidence and courage to make the ask can lead to transformative career opportunities!
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volunteer_activism ADVICE
Severance for Career Change
Consider severance as a tool for intentional career change.
It provides financial and mental space for your next career move.
volunteer_activism ADVICE
Severance as a Service
Frame severance as mutually beneficial, not selfish.
Offer services like project completion or training a replacement.
question_answer ANECDOTE
Six Months Severance
Scott's family member got six months' severance by training her replacement.
This allowed a smooth transition and knowledge transfer.
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Negotiating severance in an industry that doesn’t offer it… sounds impossible, right?
But what if you could give yourself the time and space to make an intentional career change through a severance package? I know what you’re thinking... "That could never work in my situation."
Here’s the truth: when done thoughtfully, negotiating severance can create a win-win situation for both you and your organization (in any industry!)
That’s exactly what Sandra did. Leaving a career in education, a field where severance packages are almost nonexistent, she negotiated a severance that gave her the financial runway to plan her next steps on her terms. Tune in as we break down step-by-step how you can do the same! Resources Mentioned
How to negotiate a severance package, even in industries that typically don’t offer them.
How a severance package can turn into a win-win situation for both you and the organization — plus how to craft a plan that benefits everyone involved.
The importance of having a financial runway and how an exit package can provide security during a career transition.
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