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Your Severance Package Is Negotiable: How to Get More Than Just Money

Your severance package isn’t “fixed.”

It’s a starting bid.




Companies count on you being too shocked, too loyal, or too polite to push back. 


Don’t.


You can negotiate for more than just money:



 • Extra weeks of pay


 • Extended health benefits


 • Unused vacation payout


 • Stock vesting


 • Positive reference letter


 • Outplacement help


 • Non-compete waived


 • Even keeping your laptop




Your leverage:



 • Tenure & seniority


 • Impact of your role


 • Unpaid bonuses


 • Company precedent


 • Potential legal claims



Rule #1: Don’t sign anything on the spot.



Rule #2: Ask for what you actually want.



The first number on that paper isn’t generosity.


It’s an opening offer.

 
 
 

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