Have you ever negotiated severance or a guaranteed exit package as part of your offer letter? What have you seen for Group Director roles?

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How do you approach negotiating severance that at the table?

“Let’s talk about what happens if something during my time here goes horribly wrong...”

funny

I’d ask what the severance policy is to open up the conversation. Assume they have one because they’re a good company. Go from there based on what you think may have left on the table or potential risk over and above the typical agency job. For example, if you’re making a move across country and uprooting your family

helpful

Most agencies have a policy like a week for every year. You should ask and get that in writing. But in my experience, getting something over and above that isn’t common unless perhaps you’re being bright in at the partner level.

Yup, negotiated a 3 month severance after being offered an SVP / group director kinda job. They didn’t even blink.

I was mad at myself that I never asked before. I actually think that it’s not a big deal to agencies because so few people ask.

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