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Severance Package

Can't Afford a Severance Package? 5 Alternatives to Consider

Val Matta | Posted 03.11.2014 | Business
Val Matta

One of the hardest parts about being a manager or decision maker is having to let an employee go. While benefits like severance packages can sometimes ease a firing, what happens when you can't afford them?

What Metra and Transit Agency Improvements Will We Achieve?

Madeleine Doubek | Posted 10.20.2013 | Chicago
Madeleine Doubek

With news of another group looking at fixing our transit oversight in Illinois, we wonder what will be the legacy of the Metra Memogate? What will we have accomplished?

An Awkward Rite Of Passage For Laid-Off Post 50s

Jeb Harrison | Posted 09.17.2013 | Fifty
Jeb Harrison

"You remind me so much of my... of my... my father!" she blurted. I'm thinking is this what the corporate workforce has come to? Thirty-year-old MBA managers on the executive fast track thinking of their grey-haired staffers as an army of dear old dads?

31 Great Work Perks People Don’t Tell You About

Kate White | Posted 03.16.2013 | Women
Kate White

For 14 years I was the editor of Cosmopolitan magazine and along with the responsibility came some pretty sweet perks, compliments of my company. Here's a sampling of work perks based on level of employment.

The Golden Parachute Is Un-American

David Macaray | Posted 11.07.2012 | Business
David Macaray

But if you fail to do the one thing they hired you to do -- i.e., earn money for the company -- why would you expect to be rewarded for it?

CEOs With Huge Golden Parachutes

The Huffington Post | Harry Bradford | Posted 01.21.2012 | Business

It's not just executive compensation that's on the rise. A very solid number of executives at major corporations have also received payouts that Mothe...

I Hear You, Occupy Wall Street

Clint Reilly | Posted 11.30.2011 | San Francisco
Clint Reilly

In the wake of a continued corporate sycophancy from the country's hard right, it is encouraging to see a movement brave enough to address the problem of American inequality and pragmatic enough to include all those who suffer as a result.

Get Rich Cheating: Hayward's Severance

Jeff Kreisler | Posted 05.25.2011 | Books
Jeff Kreisler

Aspiring cheaters, CEOs, and other crooks: Tony Hayward is getting about $18 million to ruin BP and the Gulf.

Things to Consider When Taking a Buyout or Severance Package (Video)

Don McNay | Posted 05.25.2011 | Business
Don McNay

I've found that people leaving old line companies, even with a severance package, were more bitter than those where companies treated employees like interchangeable parts.

When to Take a Severance Package

Don McNay | Posted 05.25.2011 | Business
Don McNay

Companies offering severance packages have generally sold the concept of lifetime employment concept. They are not places that fire employees without warning.