Sample Letter Requesting Severance Package

Sample Letter Requesting Severance Package Updated March 10 2023 When companies lay employees off they might offer them a severance package to make the process easier Most severance offers however can be negotiated to provide you with an appropriate financial buffer

Do your research before negotiating Consider what other employees have received as a severance and consider how long you may be looking for other employment Remember that you can negotiate benefits such as continued health insurance and assistance finding a new job in addition to severance payments To do so consider the following steps 1 Understand the components of your severance package Before you can negotiate your severance package you need to understand every aspect of it Most severance packages include severance pay but many also include other components that you can negotiate as well

Sample Letter Requesting Severance Package

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January 18 2024 Your soon to be former employer has just provided you with a severance package After reviewing it you might be happy that you are about to receive money but you have questions What is a severance package How much is a typical severance package How do I negotiate my severance package Express Gratitude Conclude your email by thanking your manager for their understanding and cooperation regardless of the outcome Sample Severance Negotiation Email Template Subject Severance Package Negotiation Request Dear Manager s Name I hope this message finds you well

Show Transcript Video How To Quit a Job Leaving on Good Terms We share strategies for providing verbal resignation notice to your employer composing a resignation letter and preparing coworkers for your departure Employees leave jobs for a variety of reasons November 21 2023 Getting laid off from a job can feel traumatic but pay attention to your severance options We often get questions about severance and we ve all heard stories from employees who were so shocked by their layoffs that they didn t even think about negotiating their severance

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Severance Package Negotiation Sample Letter Conclusion When negotiating a severance package it s not just the amount of money offered that matters it s also the additional benefits A well crafted letter can help you get your request without appearing unreasonable or aggressive For example a severance package negotiation letter is a perfectly acceptable way to communicate your counteroffer It s your move Even if your company delivers the news of a layoff with empathy losing your job is hard Severance package negotiation can help soften the blow and provide more stability while you look for a new position

Ask them for help Right now the most important thing to you should be taking care of yourself or your family There is no shame in asking for help and besides some day they might be asking you for the same thing Here is a general outline for a statement of request which I have been using and modifying since I began coaching people How to powerfully negotiate a severance package Too many otherwise business savvy individuals take whatever their employer offers them This employment lawyer explains ways you can get more

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Sample Letter Requesting Severance Package - Step 1 Understand Your Eligibility and Rights Before you write your letter ensure you are clear on whether you are entitled to severance pay Review your employment contract employee handbook or any union agreements that may apply to your situation Also check if there are any precedents within your company for offering severance