How Much Severance is Fair?

Question: I’ve been working for a privately-owned company for 9 years. I’ve just been laid off, and been offered 2 weeks severance, without any negotiations. I think 2 weeks of severance, with lots of strings attached, after 9 years of work isn’t enough. What do you think? (Also, do you have any suggestions?)

Martha, Bellevue, WA

Answer: When it comes to severance, your question is the most important question asked. While every employee, every employer and every severance situation is different, we view one-week-per-year-of-service to be a reasonable minimum severance amount. Your circumstances may warrant more, or less. Might I suggest you look over our Newsletter Library on this blogsite, and read my article about the “Six Sources of Leverage in Severance.” To do so, [click here].

You might also consider buying a copy of my book, Fired, Downsized, or Laid Off available from our blogsite by instant download by [clicking here], or from Amazon.com. It’s the most popular book on its topic.

Best, Al Sklover

Alan Sklover’s Timeless Classic, Newly Updated and Revised

Fired, Downsized, or Laid Off:

What Your Employer Does NOT Want You to Know
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