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What’s the Deal With Severance Packages?

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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)

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