Reason: Having suffered through layoffs, more prospective employees want assurances that they'll be taken care of if they're ever told to take a hike.
A new study by TrueCareers, an e-cruiting business affiliated with Sallie Mae, reports that nearly two-thirds of 1,128 job-seekers say negotiating severance agreements at the outset is an important factor when taking a job. Of this group, one in five said they've learned their lesson after getting burned in layoffs.
Also, high-profile severance squabbles at companies like Enron Corp. are putting all employees on notice. In late December, laid-off Enron employees staged a letter-writing campaign to get answers from company executives on their severance benefits. The trouble: contradictions between the company's stated severa...(register to read more)
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- 10 Secrets to an Effective Performance Review
- No mandatory arbitration agreement if EEOC case is pending
- Thorough and confidential investigation is best HR response when harassment strikes
- Win the talent war: Today's pipeline is tomorrow's lifeline
- 3rd Circuit takes dim view when employees appeal decisions in frivolous lawsuits