Quote:
Originally Posted by kevinh
In addition to straight cash you might also want to think about including some counselling and (a good) outplacement service.
Being made redundant, particularly after many years of service can leave people pretty shell shocked emotionally, regardless of how much money you give them. They may also need quite a bit of help getting another job. I know some very experienced and capable people who have experienced this.
I know if they get a big payout it could be argued that they could pay for those services themselves, but the problem is they probably don't recognise that they need those services. In many cases it may be better to reduce the payout if necessary to pay for the outplacement and counselling services.
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Fantastic advice. Thank you Kevin. I will make sure we include counselling and assistance. Cheers.
