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In an increasingly unpredictable job market, knowing how to face layoffs and navigate severance negotiations is a necessary skill. According to a recent JustAnswer survey , “58% of people who received a severance package when laid off did not negotiate that package.” Sho Dewan, career coach, founder and CEO of Workhap, and Merry A.
In addition, he says that “providing freelancers with resources and education about their rights, contract negotiation and legal recourses [helps them] protect themselves.” This includes writing official contracts with clear terms and policies, and even creating a business handbook.
All information should be defined, visible to employees, and clearly stated in the employee handbook and code of conduct. . Of course, none of this is an acceptable excuse for forcing anyone out of the organization, but it always helps to understand what is really going on, and perhaps you can negotiate a win-win. .
Also look thru your employee handbook to save as much money as possible with your company matching 401k program and pre-tax contributions, employee discounts and perks, paid on going education, flexible spending accounts, etc. This also means doing your taxes to get the best refund and automatically saving that instead of spending it.
Some of the best business books can fuel you with new ideas on everything from leadership development to finances to negotiation techniques. Negotiating is easy when youre one step ahead. One of the most important factors to negotiating successfully is being tough, according to him. Its a two-for-one deal.
Expressive : Spontaneous, good negotiator,and learns by doing. The importance of helping employees by using written job descriptions, handbooks for the “don’ts&# of the business, and training that covers the “do&# procedures will ensure employees function as you want.
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