Attention all parents planning to leave their jobs for more family time! If you’re contemplating quitting, why not negotiate a severance instead? It’s a no-lose situation, especially if you’re planning to leave anyway. By securing a severance, you could enhance your financial security significantly as you transition into this new phase of life.
I’ve personally navigated this route, successfully negotiating my own severance at 34, which enabled me to retire early and spend invaluable time with my kids. This experience inspired me to write a book to help others do the same. The latest edition of my book has grown to over 200 pages, filled with new resources, strategies, and inspiring real-life case studies that demonstrate the powerful impact of negotiating a severance.
For instance, let’s talk about Mark, a reader who shared how negotiating a severance profoundly benefited his family. Mark’s wife, Mary, faced a common dilemma: her job was demanding, and after having their first child, the strain of managing long hours at work and family life became too much. Encouraged by my advice, Mark supported Mary in successfully transitioning to a part-time role, which significantly improved their quality of life.
When they were expecting their second child, the opportunity for Mary to negotiate a severance arose due to her company being acquired. With guidance from my book and personalized advice, Mary not only secured a severance but also ensured the vesting of all her equity options—a package worth over $85,000!
This story is just one of many that illustrate the potential benefits of knowing how to approach a severance negotiation strategically. Whether you’re a working parent eager to spend more time at home or someone looking for a financial buffer while transitioning careers, understanding how to negotiate a severance is a powerful tool.
So, if you’re on the fence about leaving your job, consider negotiating a severance. It might just be the best decision you make—not just for your career, but for your family’s well-being and your peace of mind. And remember, you’re more likely to regret the chances you didn’t take, including the chance to secure a better exit package. Why leave money on the table when you could leave with a financial runway that supports your next steps?
