The #1 thing I recommend for anybody who aspires to retire early is to negotiate a severance. If you are planning on quitting anyway, there is no downside.
Every time I hear of someone quitting their job, I’m happy for them. But at the same time, I also liken it to a baby panda dying in the woods. Leaving so much potential money on the table is a travesty because of ignorance, fear of confrontation, or not knowing your worth. I want to change this.
I’m pleased to announce the 3rd edition of How To Engineer Your Layoff is now live! The book first went into production in 2012 after I engineered my own layoff from the finance world at age 34. Negotiating a severance package was my #1 enabler for retiring early.
Over the past six months, my wife and I have been diligently editing, updating, and adding to the book after our little one goes to bed. We’ve taken in all the feedback readers have provided since the 2nd edition was released in 2017 and made the book even better.
Here’s a summary of what’s new:
1) The third edition expands the ebook from 150 to over 180 pages. We’ve added three new chapters bringing the ebook’s total to 20 chapters. In addition, we’ve added a useful worksheet and checklist to go through to help guide you step-by-step through the severance negotiation process.
2) Thanks to continuous feedback from readers, we’ve been able to add new real-life case studies in the third edition to demonstrate just how beneficial it can be to negotiate a severance.
3) The third edition also brings in recent data, revised facts and figures, new charts and graphics, and an expanded featured posts section to help you learn more. We’ve also added helpful information on employment news, unemployment resources, market trends, and more.
To help celebrate the launch of the third edition, one of our readers, Mark, wanted to share his story of how negotiating a severance changed his family’s life for the better. His is a case study for working parents who want to be stay at home parents.
I’ve also created a $20 discount code “getlaidoff” until end of this month for anybody interested.