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Old 04-08-2010, 12:35 PM   #7
JohnnyD
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Join Date: May 2008
Location: Mansfield, MA
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Quote:
Originally Posted by spence View Post
My biggest concern would be if you take the safe route (i.e. stay) and they opt to push you out out at a later date anyway with less attractive terms. If the place looks to be going under they might fold with no severance, or get bought and the store closed.

Rule of thumb is that the first offer will be the best...

Some things to think about.

-spence
Bingo! A good friend is a store manager for a national paint company and this has happened to a few people in his company. The decided not to take the severance package and were terminated within 2 months due to job performance or some rarely enforced policy.

If you think you can secure a new job within a few months, I'd take the severance and try my best to get a new job quickly in order to double dip. A 23-week package is a pretty good offer.
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