With the recent tragic events at the Navy Yard in Washington DC, many organizational leadership teams have begun the unnerving conversations on ways to keep their most valuable assets safe in the workplace. Unfortunately, those talks are no longer about how to prevent slip and fall accidents, or even fire safety. In coming to terms with the world in which we live, a reality has to be faced, and those conversations are now strongly focused on saving lives in the event of a gun toting disgruntled employee or a complete stranger’s ambush.

There may be various reasons why organizations update or create a formalized severance plan. When referring to a severance plan, we mean a payment provided to an employee, or a group of employees, that are involuntarily terminated due to a reduction in force/downsizing, change in company direction, job elimination, or termination due to unsatisfactory performance. Typically, the top five reasons for creating or updating a severance policy are:

It’s that time of year again. No, I don’t mean playing catch up on your work while you were out on vacation or figuring out your upcoming Halloween costume. (Can I still get away with being Superman?!?!) It’s Fantasy Football time! Perhaps you participate in a Fantasy sports team in your private life, but have you thought about participating or creating a fantasy team at work? Your department, organization and community may be better off if you do.

Over the course of my career in Human Resources, I have had the displeasure of terminating the employment of a number of employees. In other words: I have fired people. I have processed what is known as a Reduction-in-Force (RIF); conducted a group lay-off and have ended the employment of individuals who knowingly broke a policy or acted in such an egregious manner they had started to pack up their offices before I had ever walked in the room. While these types of terminations are a bit more obvious; on occasion, there have been terminations that were not quite as black and white.

While many organizations face financial cutbacks and a reduction in workforce, the staff that remains in place is being asked to do tasks that are not only outside of their job scope, but often times outside of their comfort zone. Add to that, the summer months are now exiting and Fall is making an entrance, along with its shorter days and longer nights, and the feeling that there are not enough hours in the day is a sentiment that is being expressed by many. Therefore, being asked to squeeze in just one more thing, is enough to drive some off the deep end. So, when flyers are posted and emails are sent out asking for volunteers for charitable causes, undoubtedly some ask out loud: “Who has time for that?” While others ask: “Where can I sign up?” Ask yourself, which one are YOU?

I was recently speaking with a young man that received an offer for a new employment opportunity. This new position would provide him with a significant increase in salary, as well as benefits and perks he had not received from his previous employers. However, before accepting the offer, the young man took the gamble of making a counter offer to the salary presented to him by the potential new employer.