Early Retirement & Financial Independence Community - View Single Post

youbet · 10-23-2007, 11:17 PM

You're not giving us much to go on. Buyouts vary greatly with seniority and job grade/position. They also depend on circumstances. For example, if a company wants to downsize significantly and without regard to the age, sex or seniority of those down-sized, buyout packages are likely to be generous and involve signing a release which prohibits you from taking legal action later.

What are your personal circumstances and what scenario is your company facing in regard to wanting/needing to downsize?

10-23-2007, 11:17 PM	#2
youbet Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Mar 2005 Posts: 5,315	You're not giving us much to go on. Buyouts vary greatly with seniority and job grade/position. They also depend on circumstances. For example, if a company wants to downsize significantly and without regard to the age, sex or seniority of those down-sized, buyout packages are likely to be generous and involve signing a release which prohibits you from taking legal action later. What are your personal circumstances and what scenario is your company facing in regard to wanting/needing to downsize? __________________ DW paddling the Kankakee River........