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5 ways to protect your job in the current storm of layoffs

  • Check Company History: Look for companies with a track record of stability and employee support during tough times.
  • Negotiate Longer Notice Period: Secure a longer notice period in your employment contract to facilitate job search during layoffs.
  • Understand LIFO Policy: Discuss concerns with HR and explore alternative arrangements to mitigate the impact of Last-In-First-Out (LIFO) layoffs.
  • Negotiate Golden Handshake: Familiarize and include terms for financial safety in offer letter during termination or layoffs.
  • Ensure Termination Compensation: Secure provisions for compensation in case of termination without cause to protect your financial well-being.

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