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Severance Negotiation Letter
"I need a Severance Negotiation Letter for a senior software developer with 8 years of service who will be made redundant due to office closure in March 2025, including provisions for ongoing project handover and treatment of unvested stock options."
1. Opening and Context: Date, recipient details, and clear statement that this is a severance negotiation letter
2. Current Employment Status: Brief overview of employee's position, length of service, and current salary
3. Reason for Separation: Clear explanation of the circumstances leading to the separation (e.g., redundancy, restructuring)
4. Proposed Severance Package: Detailed outline of the financial compensation being offered
5. Statutory Entitlements: Explanation of statutory redundancy pay and notice period requirements
6. Benefits Continuation: Details about medical benefits, insurance, or other benefits continuation or termination
7. Return of Company Property: List of company items to be returned and process for return
8. Reference Provision: Terms of employment references to be provided
9. Timeline and Response: Deadline for response and next steps in the negotiation process
1. Ongoing Projects Handover: Include when employee is involved in critical projects requiring transition
2. Non-Compete Provisions: Include when new or modified non-compete terms are part of the severance package
3. Outplacement Services: Include when career transition support is being offered
4. Stock Options/Equity: Include when employee has company shares or stock options that need addressing
5. Legal Representation: Include when suggesting or requiring employee to seek independent legal advice
6. Confidentiality Terms: Include when specific confidentiality requirements need to be highlighted
7. Tax Implications Statement: Include when complex tax considerations need to be addressed
1. Severance Calculation Schedule: Detailed breakdown of severance pay calculation including basic pay, bonuses, and statutory elements
2. Benefits Summary: Comprehensive list of current benefits and their treatment post-employment
3. Settlement Agreement Draft: Draft of the formal settlement agreement that will need to be signed if terms are accepted
4. Company Property Checklist: Itemized list of company property to be returned
5. Exit Process Timeline: Schedule of key dates including last working day, payment dates, and benefits termination dates
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Professional Services
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Pharmaceutical
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Transportation and Logistics
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Human Resources
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Executive Leadership
Operations
Administration
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Chief Executive Officer
Chief Financial Officer
Senior Manager
Department Head
Project Manager
Software Developer
Sales Representative
Account Manager
Human Resources Manager
Operations Director
Marketing Executive
Financial Analyst
Research Scientist
Legal Counsel
Administrative Assistant
Production Supervisor
Technical Lead
Customer Service Manager
Business Development Manager
Regional Manager
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