Can I negotiate a higher severance package? By . Greg Giangrande. Published May 28, 2023, 7:41 a.m. ET. ... I was recently laid off, and the company has offered me a severance package.

Yes, you can negotiate a severance package. Make sure you review the package offered by your employer. Be realistic when you try to negotiate if you feel you can.

You can absolutely refuse a severance package if you do not want to sign the release. But it tends to be more favourable to negotiate a better package in exchange for your signature.

In some cases, severance clauses can include the stipulation that if the company hires you back within a specified period of time, your severance expires. You can ask to have that clause removed ...

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Severance packages can include a mix of the following: ... Can you negotiate? In some cases, it can't hurt to ask for a better exit package if you're unhappy with the offer, ...

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Yes, you can negotiate a severance package. Make sure you review the package offered by your employer. Be realistic when you try to negotiate if you feel you can.