retirement packages

NewHope33
Tue, 29 Oct 2013 23:28:52 +0000

I’ve witnessed a variety of package scenarios … all of the “we’re downsizing” category. Large companies generally have many employees of each type, and thus have more flexibility. I worked for a small organization facing financial difficulty. An early retirement package was offered to everyone over a certain age. The offer was decent, and was accompanied with the message “take the offer or be terminated.” I can’t think of any individual who took a package who regretted the decision. YMMV.