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What's the Deal With Severance Packages?

Dear Experts, There have been layoffs and re-organization at my place of employment. The first wave of such actions was a few months ago. There are now talks of one that would include me. I understand if I am laid off, I will get severance. If they decide my position is no longer needed and I choose not to apply for any of the available positions, would I still be entitled to severance? Here is how our CAREEREALISM-Approved Experts answered this question on Twitter: Q#468 Read company severance policy. Questions to ask manager: Do I have to apply? Is a job guaranteed? Is this really a reassignment? (@juliaerickson) Q#468 Severance is a company-centric policy, so it's hard to say what you would/wouldn't get. Talk with your mgr! (@beneubanks) Q#468 Severance is at the company's discretion. They'll state options. Yes, may say 'no-severance' if turn down job. (@jtodonnell) Our Twitter Advice Project (T.A.P.) is no longer an active campaign. To find an answer to the above question, please use the "Search" box in the right-hand column of this website.

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Many businesses offer comprehensive and unique benefit packages as a way of attracting and maintaining top talent. For Chipotle Mexican Grill, cooking up strong employee benefit packages not only accomplishes those two goals, but also helps the company with its long-term focus on employee engagement and building connections.

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