Losing your job can feel overwhelming, but being offered a
severance package is not the end of the story. It is the beginning
of a negotiation.
Many employees do not realise they have the right to ask for
more. Here are five practical tips to help you secure a better
outcome.
1. Don't sign immediately
Resist the urge to accept the first offer. Ask your employer how
much time you have to review the package and use that breathing
space to think clearly and seek advice.
2. Look beyond salary
Your severance isn't just about pay. Consider unused leave,
healthcare benefits, bonuses, stock options, or even outplacement
support. These additional elements can add real value.