Friday, November 19, 2010

SEVERANCE PROPOSALS

by David McCarthy

Severance proposals have two things in common.

First, no two are the same with respect to the number of months of pay offered. There simply is no hard-and-fast rule about this.

Second, they are all the same (or appear to be) with respect to their negotiability: They are take it or leave it. The thinking is that modification of one proposal will inevitably lead to modification of all proposals.

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