If you think you may be in danger of losing your job due to the tight economy, Unifi Network, a subsidiary of PricewaterhouseCoopers, doesn't have good news. Their Severance and Retention Practices: 2001 Survey, from www.pwcglobal.com, finds a "strong likeness that companies will downsize again if they have already done so in the last 18 months." They offer three steps to take:
- Find out if your company has a severance plan in place;
- Figure out if your are eligible;
- Figure out what your severance payment would be (typically derived from a formula with minimum amount plus years of service).
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