Restructuring...Severance or Demotion...Which Would You Rather ?
Jun 03, 2024•18 min
Episode description
Mistee works in healthcare and her department is being restructured. She needs to decide whether to take severance or stay on and accept a lesser role. Tessa covers a variety of topics related to Mistee’s situation.
- Relevance of the Older Worker’s Benefit Protection Act
- Negotiation potential within a highly structured field such as healthcare
- Good leverage vs Bad Leverage
- Potential benefits accepting a lesser role and staying at the company, especially for older workers - Some benefits may include PTO, a pension, healthcare benefits or other benefits that may have been grandfathered in.
- Negotiating a structured exit
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