Happen To Your Career - Meaningful Work, Career Change, & Career Design

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!

28:57

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Quick takeaways

Negotiating severance packages strategically can facilitate intentional career changes, even in industries where they are rarely offered.

Understanding company practices and framing the request positively can create mutual benefits for both the employee and the organization during transitions.

Deep dives

The Power of Asking for Severance

Severance packages are often overlooked as people tend to associate them with negative job transitions, such as layoffs or resignations. However, approaching severance as a strategic tool can facilitate a more intentional career change. Understanding the right timing and the rationale behind the request can lead to successfully negotiating a severance agreement, even in industries where it's not common. This proactive approach not only benefits the individual but can also provide advantages for the organization being left behind.

Intro

4min

Severance as a Mutually Beneficial Agreement

3min

Mastering Severance Negotiations

16min

The Courage to Make the Ask in Negotiations

2min

Navigating Severance Negotiations with Confidence

4min

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!

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