That's a pretty decent package, even for younger folks, especially if they are not going common law rules.
I got a similar voluntary package out recently after 14 years of service at my company, but the key thing my lawyer ensured was in the paperwork, was that this severance would not be clawed back in the event that i find new employment.
I strongly suggest shaw folks here ensure they get that clarified. Common law, at least here in ON states that the severance is paid until the ex-employee finds new employment, at which point they must notify the necessary parties, or they will be required to claw back any double dipping of salary+severance.
If there is verbiage to ensure that the severance will be received regardless of if you find employment, if you can find a job quick, one could basically double up their pre-tax income for the year... with the unfortunate consequence of being heavily taxed unfortunately.
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