Negotiating Enhanced Severance Pay- A Template for Crafting Your Request

How to Ask for More Severance Pay: Template and Tips

Losing a job can be a stressful and challenging experience, and negotiating a severance package is often one of the most difficult aspects of the process. If you feel that the severance pay offered to you is insufficient, it’s important to know how to ask for more. In this article, we will provide you with a template and some tips on how to effectively request additional severance pay.

1. Understand Your Rights

Before you start the negotiation process, it’s crucial to understand your rights and the company’s severance policies. Research the standard severance packages in your industry and compare them to the offer you have received. This will help you determine if your request is reasonable.

2. Prepare Your Case

To ask for more severance pay, you need to have a strong case. Consider the following factors:

– Your length of employment: The longer you have been with the company, the stronger your case for a larger severance package.
– Your role and contribution: Highlight your achievements and the value you brought to the company.
– The current job market: If the job market is competitive, you may have more leverage in negotiating a higher severance package.

3. Use the Right Template

Here’s a template you can use to ask for more severance pay:

[Your Name]
[Your Address]
[City, State, Zip Code]
[Email Address]
[Phone Number]
[Date]

[Supervisor’s Name]
[Company Name]
[Company Address]
[City, State, Zip Code]

Dear [Supervisor’s Name],

I hope this letter finds you well. I am writing to discuss my recent severance package offer and to request an adjustment to the severance pay amount.

I have been employed with [Company Name] for [number of years] years, and during this time, I have made significant contributions to the company. My role as [your position] has allowed me to develop valuable skills and expertise that have been instrumental in the success of our team.

Given the current job market and my length of employment, I believe that a severance package of [desired amount] would be more appropriate. I have conducted research on standard severance packages in my industry and have found that [comparison to your offer] is a reasonable expectation.

I understand that the company may have budget constraints, but I kindly request that you consider my request for a higher severance package. I am confident that my contributions to the company have justified this adjustment.

I appreciate your time and consideration in this matter. I am open to discussing this further and would be happy to meet with you at your convenience to discuss my request.

Thank you for your attention to this matter. I look forward to your response.

Sincerely,

[Your Name]

4. Follow Up

After sending your letter, it’s important to follow up. If you haven’t received a response within a reasonable timeframe, consider sending a polite reminder or scheduling a meeting to discuss your request in person.

Remember, asking for more severance pay can be a delicate situation, so it’s essential to remain professional and respectful throughout the negotiation process. By using the provided template and following these tips, you’ll be better equipped to secure the severance package you deserve.