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Let’s hang the concept of severance packages on a classic good news, bad news framework!
The bad news? You’ve been laid off. Y’know, dismissed? Let go? Made redundant? Fired—out of a cannon, straight into the sun? No matter the euphemism, the result is the same. The kingdom has shut its gates to you, and your descendants will be cursed to toil in the wilderness, filling their bellies with dust.
The good news? You might have an extra paycheck or two coming your way.
Around 25% of employers offer severance pay, making it neither common nor uncommon. It’s a benefit that’s typically reserved for white collar employees, or those who work specifically on the corporate side of major retailers and service providers. And if you think that sounds classist—good! It is! You’ve been paying attention!
If you already know your industry/field/role doesn’t offer this perk, or if you’re not employed right now, you may take this period as an open study hall.
What’s a Severance Package? And Should I Always Accept It?
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