What are they getting high on in severance?
In the world of corporate America, severance packages have become a hot topic of discussion. As companies downsize, restructure, or simply part ways with employees, the question of what benefits are included in these packages often arises. One particular aspect that has sparked curiosity and debate is what employees are getting “high” on in their severance deals. This article delves into the various perks and incentives that companies are offering to their departing employees, and whether these benefits can be considered as a form of “high.”
Financial Compensation
The most common form of “high” in severance packages is financial compensation. Companies are increasingly offering generous payouts to employees who are let go, often including a lump sum payment, salary continuation, and even bonuses. These financial incentives are designed to ease the transition for employees and provide them with a cushion as they search for new opportunities. While the financial aspect may not be a literal “high,” it can certainly provide a sense of relief and security during a challenging time.
Outplacement Services
Another aspect of severance packages that can be considered a form of “high” is the inclusion of outplacement services. These services are designed to help employees find new jobs by providing career counseling, resume writing assistance, and interview preparation. By offering these resources, companies are essentially giving their former employees a boost in their job search, which can be a significant morale booster. This added support can be seen as a way to help employees get “high” on the prospect of a new and better opportunity.
Health Insurance and Benefits
In addition to financial compensation and outplacement services, many severance packages include extended health insurance coverage and other benefits. This can be particularly valuable for employees who may be worried about the cost of healthcare or the loss of other benefits upon leaving their job. By providing continued access to these benefits, companies are helping their former employees maintain a sense of normalcy and stability during their transition. This support can be seen as a form of “high” that helps employees navigate the complexities of their new situation.
Professional Development Opportunities
Some severance packages go above and beyond by offering professional development opportunities to departing employees. This can include access to online courses, workshops, or even tuition reimbursement for further education. By providing these resources, companies are not only helping their former employees improve their skills but also giving them a sense of hope and motivation for their future. This aspect of severance packages can be seen as a form of “high” that empowers employees to take control of their own career trajectory.
Conclusion
In conclusion, what employees are getting “high” on in severance packages can vary widely depending on the company and the individual circumstances. While financial compensation is often the most noticeable aspect, other benefits such as outplacement services, extended health insurance, and professional development opportunities can also provide a sense of relief, security, and hope. As companies continue to evolve their severance packages, it will be interesting to see how these benefits evolve and what new forms of “high” they may offer to departing employees.
