don't quit, negotiate a severance package insteadIf you’re reading this, you’re probably about ready to quit your job. Don’t quit until you read How to Engineer Your Layoff (affiliate link.) Sam blogs at Financial Samurai and has been coaching people on how to get a severance package while maintaining a good relationship with your soon-to-be-former employer. Even if you don’t like your job anymore, don’t walk away with nothing.

The Ideal Candidate

This is not a get rich quick scheme. If you like your co-workers and get along with your boss, but are just simply ready to move on, you could be the ideal layoff candidate. Do you fit one or more of the following descriptions?

  • Someone who has worked at their job for three or more years and over 10 years in the industry.
  • Someone who believes in her or his ability to produce income or find another job if necessary.
  • Someone who has good relationship with his/her superiors and coworkers.
  • Someone who is financially ready to face months or years of no income.

Step by step coaching

How to Engineer Your Layoff will teach you how to build a relationship with your HR manager and get him/her on your side. You’ll learn how to have a heart to heart talk with your own manager and make your case. It’s in your best interest to create a mutually beneficial solution for both you and your employer. There is a lack of material out there to help employees and this book put a little more power in your hands. Your employer and its HR department have a handbook on how to get rid of you with no severance pay. Why shouldn’t you have a little help in your corner too?

Case Studies

  • Lana transitioned from a bartender to a full time artist. Total Severance Value: $4,340
  • Julia, the marketing manager who became a stay at home mom. Total Severance Value: $67,460
  • Lyndon, the management consultant who had a midlife crisis. Total Severance Value: $171,102!
  • Jack, the investment banker who doesn’t feel he is fairly compensated. Total Severance Value: $507,717!

Obviously, if you are in a highly compensated position, you will have a better chance of coming out with a bigger severance package.  However, even if you are in an hourly position such as a bartender, you have some power too.

How much does this too good to be true book cost?

Here is the bottom line. How to Engineer Your Layoff costs $48. If you are thinking about leaving your job and have the time to implement the layoff strategies, then you need to read his book. $48 sounds expensive for an ebook, but you could be walking away with a $4,000 severance package like Lana the bartender instead of nothing. The high end of the severance package that Sam helped with was $500,00 for an investment banker! $48 is peanuts comparing to any kind of severance package and it’s worth it to learn what Sam has to teach. This book is for anybody who wants to retire early, change careers, go to graduate school, or simply take a hiatus.

If you have any questions at all, let me know and I will try my best to answer them.

Follow this link to buy the book – How to Engineer Your Layoff.

What’s Included:

  • 16 Detailed Chapters With Recaps Of Key Points
  • Separation Agreement Negotiation Tips
  • Negotiating A Severance Package When You’ve Got Another Job Lined Up
  • Helpful Insights On Your Employment Rights
  • Reasons Why You Should Engineer Your Layoff
  • Reasons Why You Should Not Engineer Your Layoff
  • Case Studies Of People Who’ve Succeeded In Getting Paid To Leave
  • Why And How I Engineered My Own Layoff
  • A Framework On How To Develop Multiple Income Streams
  • Advice On Life After Separating From Your Day Job
  • A Worksheet To Determine Whether You’re Ready
  • 37,000+ words, 100 pages

Disclosure: This article contain affiliate links and I can earn a small commission if you buy this book. It’s still a good product though so I highly recommend it.

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Dangerous Jobs – Is an Armored Truck Guard Eligible for Life Insurance?

09.18.2013

CAN YOU BE AN ARMORED TRUCK GUARD & STILL OBTAIN LIFE INSURANCE? Absolutely – anyone, in any profession, can obtain life insurance. For high-risk occupations it’s really not a question of “can”, it’s a question of “how much”. That’s the sticking point – the price – and unfortunately, it definitely isn’t cheap! Well, Why?! It’s Just a Job – Anything Can Be Dangerous! That’s true, but statistically some jobs are more dangerous than others – statistically, being the keyword there. Life insurance companies don’t just look at your occupation on a sheet of paper and think, “Hmm… you’re a librarian, [...]

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Why You NEED to Quit Your Job RIGHT NOW!

11.26.2012
Why You NEED to Quit Your Job RIGHT NOW!

The days are gone forever where you went to college, got a job that was not personally rewarding, worked at the same place for 40 years, retired and then got bored, depressed and finally died. Thank goodness the world has changed in such a way that we are no longer trapped into this paradigm. When I worked in the corporate world I drifted through my life bored and depressed. I was well paid, but the money did nothing to combat the ennui that suffused my soul. My cubicle was like a prison. Even worse, I knew my employer has no [...]

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Quitting Without Retiring: Keep Your Name Prominent

11.12.2012
quit but keep relevant

You’ve run the numbers and then you’ve run them again.  You are sure that if you quit your job you’ll be fine.  Your savings and income seem to be plenty to cover your monthly nut.  Well, you’re pretty sure you will be fine.  At least for the first few years.  The thing is, you hate your job and have been thinking of leaving for several years.  You don’t think there’s any way you can stick it out even 1 month longer.  Should you simply hand in your resignation and hope for the best? Depending on your profession you may have [...]

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Dealing With An Abrasive Boss

11.05.2012

Her name was Kathy.  The big boss must have wondered why she even had a five-person advertising department — according to Kathy, any work that was praised was her own. (Any work criticized? That was another matter.) She demanded, pushed, hectored and was quick to stab anyone in the back who got in her way, including me, her hapless assistant. Her most shining moment was during a magazine deadline. (Our company was a wholesaler who supplied many different retail stores; it published a flashy color newsletter with product reviews, articles, that sort of thing.) At day’s end, we still weren’t [...]

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Calculating the Monthly Nut and How Your Savings Affects Your Decision to Quit

10.29.2012
calculating your monthly nut

Once you‘ve made the decision to leave your job you have some serious planning to tackle. Even though most of us have an unreasonable attachment to our jobs, even jobs we despise, leaving your job is the easy part. Once you’re gone from that living hell you need to know what direction you are going to take to improve your life. While it might be nice to think that you will just drift through life and do nothing, that isn’t a realistic outlook. You need a plan and since you also need a roof over your head and food in [...]

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Mind The Gap

10.22.2012
mind the employment gap

When a young person takes a year off between finishing high school and beginning university it is known as a gap year. Many young adults use this time to travel, explore their own interests and even to start a business. When you quit your job any time from that point until you start looking for work again is also considered a gap. Beware of this gap. In young adults it is accepted and even considered a positive thing, but in an older worker a gap in employment can be a decidedly bad thing. I know when you leave your job [...]

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Sometimes Change Can Happen Internally

10.15.2012
internal transfer might be good alternative to quitting

You are so fed up you could spit. One more inane memo, one more stupid crack from a co-worker, one more clueless client and you vow you will check out for good. Every job has its good days and bad days, but lately your days start bad and head downhill from there. You are more than ready to call it quits. Don’t throw in the towel quite yet though. Consider your years of service, your accrued benefits, the 401(k) and pension (if you’re lucky enough to work for an employer that provides one. Consider the fact that you know your [...]

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Get Your Financial Waters Sparkling and Pure

10.08.2012
get your finance sparkling before quit job

You’re ready to quit your job, mentally anyway. Are you ready to quit your job financially? It’s a valid question, and one that shouldn’t take too much introspection to answer. In case you think you are, I am here to make sure that before you take a leap of faith from the bridge of unemployment, your financial waters are clean and pure. You sure don’t want to make that leap and land in a river of excrement, so let’s get started shall we? Obviously there are a lot of possibilities in the future, and I can’t address all of them here. What [...]

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Never Burn Your Bridges

10.01.2012
Never Burn Your Bridges

I know that when you are ready to hand in your resignation it will be very tempting to let certain people at your office know exactly what you think of them.  While this might be personally satisfying, I highly recommend that you ignore this temporary insanity and leave your job on a note of respect and professionalism.  Don’t burn your bridges because you never know when you might run into these people (or their friends) again. “Never burn your bridges” is oft quoted advice and there’s a reason for that.  It is good advice.  It is advice that may fly [...]

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