Considering an ELT role at a small/mid-size agency. Heavy project work (big names, good reputation).

They keep a lean staff & historically have done layoffs in favor of freelance when things are tight. But layoffs have usually been more junior, not ELT level.

If conversations continue, I’d like to discuss a severance agreement in my contract just to save my ass. Has anyone navigated that? What are realistic terms?

If a recession hits, I don’t wanna be screwed due to taking a big leap.

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You can definitely try to include a severance agreement. 6 months seems reasonable for ELT. Think about how long it might take you to find something new. Maybe consult an employee by lawyer for recommended language.

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What’s ELT?

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To make it more palatable (and thus, more likely), you should time-box the severance. Something like, “6 months severance if a separation happens within the first two years…”

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Usual severance is 1 week per year unfortunately

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