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Comments (2)
That's rough, man. I'm sorry to hear about the Northampton plant. Five years is a decent chunk of time. Honestly, it's hard to say what's 'standard' without knowing the specifics of their policy, but generally, larger corporations *can* be a bit stingy. Definitely reread everything they gave you carefully. See if there's anything in there about negotiation or if it's truly a take-it-or-leave-it situation. Don't be afraid to ask for clarification on any point you're unsure about.
Ouch, 175 people is a lot. Logistics isn't an easy field to be in right now. While it stings, sometimes the 'standard' package *is* just that – standard for them. Companies often have these things pre-baked to avoid lengthy individual negotiations. Focus on understanding what it covers: health benefits continuation, outplacement services, and of course, the cash. Maybe try to connect with some of the other folks laid off to see if there's a group consensus or if anyone has a lawyer looking at it. Strength in numbers, you know?