Word: asks
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...Rueff, who used to run HR for video-game maker Electronic Arts and was also a senior HR executive at Pepsico. Rueff also suggests making sure you're listed in your company's HR system as a person whom the firm would rehire: a potential employer may call and ask. And keeping your employment status as "active," even if you're no longer collecting any money or benefits, can help too. Rueff knows of one recently laid-off worker who negotiated that addition so that he would have an easier time refinancing his mortgage. (See pictures of Americans in their...
...recession. In 2001, just 5% of professional workers and 4% of administrative and support staffers negotiated their exit packages, according to a survey by human-resources consultancy Lee Hecht Harrison. In 2008 a full 31% of professionals and some 22% of administrative workers did. Building up the gumption to ask for a better deal is particularly important today as struggling companies offer less: nearly a tenth of firms are on the cusp of reducing cash payments, according to a survey by the consultancy Hewitt Associates, and a good many are cutting back on benefits too. (See TIME's pictures...
...particularly sympathetic - make your request in as businesslike a way as possible. If the firm is going to continue to profit from a big client you landed even after you're gone, mention that. It should be worth something extra. If leaving means forgoing certain pension benefits, ask to be compensated in cash. If you moved to a new city for your job and now you'll probably leave, ask the company to pay for relocation. (See the worst business deals...
...talk about severance is as a bridge to your next job. HR managers themselves like to think of it this way. So call a few recruiters and ask how long they think it will take a person with your experience to land a new gig. If it's longer than your severance will last, make the case that you should be compensated for the entire time period. One tactic Barbara Barra, executive vice president at Lee Hecht Harrison, has noticed: suggesting that your company extend severance pay by a few months but agreeing to cut it off early...
...much to ask whether enforcing the rules on the books accomplishes 90% of what creating vast new systems of regulation would accomplish. And, it is not too much to say that boards and executives who turn their backs on protecting the interests of their depositors, shareholders, customers, and employees will be keelhauled. This applies as much to hedge funds which have customers and shareholders of their own as it does to the Bank of America (BAC) which is, under the banking laws already in place, is regulated to within an inch of its life...