In UtenSilos Blog

How To Negotiate If You’re Offered An Early Retirement Package?

April 15th, 2009

Many companies these days are offering early retirement packages due to the poor economy. In some cases, your employer may want to reduce the payroll in a way that’s better for the employees than layoffs. Sometimes an early retirement package will be an option, while other times you’ll be told you have to take it or be laid off. Even if you’re being told that the early retirement package is your only option, you still have a choice to negotiate with your employer to get more favorable terms. Be sure you’re well prepared before you go in asking for more money. Your employer may tell you that you have no choice, but give negotiating a chance anyway. The worst they can do is say no, and you might actually get some good out of it.

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