Retrenchment

How To Tell Potential Employers You Were Retrenched

JobHunting, Retrenchment /

There is less stigma associated with being made redundant today than ever before because corporate restructuring, downsizing, outsourcing and cost cutting measures are quite common. However, some still find it difficult to tell interviewers and potential employers about it. For some, it is their pride that is at stake. For others, they feel that they […]

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Retrenchment Package vs Another Role in My Company – Which do I choose?

Career Crossroad, JobHunting, Retrenchment /

Dear Adrian, My company conducted a huge retrenchment exercise and the job I have is no longer around. I have been with my company for 18 years and really love my work and friends. The company is offering me a generous retrenchment benefit of about 2 years’ salary. Yesterday, HR just informed me that they

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