TweetShareGenerally, a severance package is made up of pay and benefits given by an employer to a dismissed employee. But contrary to some belief, a severance package is not given as an entitlement prescribed by law, rather it is an employer’s prerogative – which means this benefit is given as a token under the employer’s [...]
Entries Tagged as 'Benefits'
How Much Should An Employee Get In A Severance Package?
February 16th, 2011 · No Comments
Tags: Benefits · Layoff Rumors · Recession
Should You Accept a Low-Paying Job Offer or Stick With Unemployment Benefits?
February 7th, 2011 · 3 Comments
TweetShareSo you’ve recently been let go from your company and are receiving unemployment benefits when an amazing thing happens – you get a job offer. But it’s not the offer you were hoping for. While it will definitely pay the bills, it will result in you taking less than 50-percent of what you were making. [...]
Tags: Benefits · Job Search · Recession
Relocation Packages In A Job Negotiation
February 1st, 2011 · No Comments
TweetShareEach month thousands of employees move to a new community to start a new job. Moves often are more expensive than anticipated. Not only is there the actual expense of moving but, for a homeowner, there are expenses connected with selling the current home and buying another home. Some corporations may offer to cover some [...]
Tags: Benefits · Business Travel · Career Change
Getting Fired? Laid Off? What About Your 401 K?
March 8th, 2010 · 1 Comment
TweetShareIn the past, I’ve written about what you should do first if you get fired or laid off. Over the weekend, over at the WiseBread blog, I saw a new strategy that had never occurred to me before. Essentially, it boils down to remembering to ask the HR folks if they’ll give you the unvested [...]
Tags: Benefits · Finance · Retirement
Benefits, Perks To Be Trimmed in 2009
February 19th, 2009 · No Comments
TweetShareNot really a surprise, right? A new CareerBuilder.com survey finds that nearly 40 percent of the 3,000 HR reps and managers polled plan to make administrative cuts at some point in 2009. Furthermore, 65 percent of those who plan on cutting costs are also scaling back on company events like social gatherings and picnics. Sixty-one [...]
Tags: Benefits
Is A Recession Any Time To Ask For A Raise?
November 5th, 2008 · 3 Comments
TweetShareCounter-intuitive time, people! I am the sort of guy that tends to believe you should never be afraid to ask for a raise. (The proviso of course being that you shouldn’t ask too much or too often or expect things that are outlandish.) But even when times are tough for your company? That’s when a [...]
Tags: Benefits · Finance · Salary
Health Insurance Options After a Job Loss
April 28th, 2008 · No Comments
TweetShareThe best time to prepare for a job loss or a layoff is before it happens. Anticipation. Preparation. I’ve been thinking a lot about this issue lately, so I’ll have a bunch of posts on this this week. There were a lot of good things on the internet this weekend about just this topic. Starting [...]
Tags: Benefits · Finance · Health · Layoff Rumors
7 Career Fields That Offer College Loan Forgiveness
March 26th, 2008 · 8 Comments
TweetShareOne of my pet peeves is how middle class people can never get ahead. You go $60,000 in debt just to get a degree for a career that is supposed to make you self sufficient. Then you spend 20 years pay off that school debt. Then (if you’re lucky) as soon as you pay off [...]
Tags: Benefits · Finance · Getting Ahead · Young Professionals
The Economy Sucks- Why You Should Ask For A Raise
February 19th, 2008 · 3 Comments
TweetShareCounter-intuitive time, people! I am the sort of guy that tends to believe you should never be afraid to ask for a raise. (The proviso of course being that you shouldn’t ask too much or too often or expect things that are outlandish.) But even when times are tough for your company? That’s when a [...]
Organize Yourself- Create Your Own Personal Personnel File
February 4th, 2008 · 20 Comments
TweetShareWith tax season coming up, I’ll be looking to highlight some financial and organizational tips over the next few months. First up, I have a tip I heard years ago that I don’t think has gotten wide currency: You Should Create And Keep Your Own Personnel File Every employer does it. Your personnel file is [...]
Tags: Benefits · Finance · Organization · Taxes

