Quite often, employees receive notice – sometimes formal, sometimes informal – of a likely or impending layoff. For some employees – especially those approaching retirement or vesting, or in particularly job-scarce industries – a demotion may be preferable to a layoff. What we call a “Survivor Demotion” has now been successfully requested by several of our clients, to their considerable benefit and happiness. If you are interested, this Model Memo shows you what to say, and how to say it.
• Purchase it separately, or as part of our “Ultimate Severance Package”