EXIT PACKAGE

When an employment relationship has broken down, an exit package is often used to end the employment contract. They can be initiated by either the employer or the employee.

Exit packages are attractive to both employer and employee.

Exit packages allow the employer to bring the employment relationship to an end quickly, easily and without a lot of delay and expense.

There are many reasons for an employee to need to leave a job. Sometimes it’s the arrival of a new CEO who wants to place their ‘own people’ in pivotal roles. Suddenly responsibilities change, new middle managers appear and employees find themselves doing the same job but with less status. Alternatively, an employer may genuinely need to restructure a business, resulting in redundancies, or the business may be in trouble and the employee able to see the writing on the wall.

Sometimes you can tell you are no longer wanted or needed through no fault of your own. An Exit Package is a much more attractive option than simply resigning.

Whatever the reason it’s always best to make a dignified exit.

Many problematic employment relationships do not end by dismissal or resignation, but through the negotiation of an exit package.

The perception comes from dissatisfaction in the workplace for the employee, performance issues for the employer and most often when a disciplinary meeting takes place. An exit package is attractive to both parties when the employment relationship has no real future.  

Typically, such a package will contain some financial benefit for the employee and possibly a reference. The employer can have the assurance that any grievances or claims arising out of the employment relationship (existing or yet to be raised) are at an end.

Our advocates can recognise the opportunity for an exit package and negotiate the best possible package in the circumstances. It is always best to engage our advocates at an early stage so that this strategy can be considered and prepared together, making for the best outcome.

If you need help negotiating an exit package with your employer give us as much information as possible below or call us on 0800 669 466.

What our clients are saying

Wonderful.

5.0 rating
February 13, 2020
Review of Shayne Boyce

I felt supported and well advised.

Colette

Response from No Win No Fee

Thank you Colette we appreciate your review. Best wishes for a more positive experience with your employment in the future from Work Law.

Kam was amazing.

5.0 rating
February 12, 2020
Review of Kam Bailey

These scenarios can be quite stressful and the source of a lot of anxiety but Kam was so professional at putting me at ease and dealing with my situation in a matter of fact manner. Couldn’t be happier and can’t reccomend her and the team at no win no fee enough!

Phil B.

Response from No Win No Fee

Thank you Phil, we really appreciate it, from Kam and the team at Work Law.

I will be your advertising rep in Christchurch 😊

5.0 rating
February 5, 2020
Review of Shayne Boyce

Regarding Shayne and Kevin along with the assistance of his wonderful wife . I feel I must state that from the very first day I contacted Shayne and she referred me to Kevin in Christchurch I was made to feel very much at ease inspired by the professional and confident way they managed everything. The contact and updates provided was just amazing, at no time was I left without knowledge they updated me every step of the journey .
Kevin along with his wife are simply two amazing people. It goes without saying that without their work and effort I do not think for a second we would have achieved the result we did today. To be very clear if today we had of ended with a decision going against us it would had been no reflection on their effort. Very clearly Kevin is a very talented and certainly knows what he is about. It must not go without stating also the wonderful assistance and professionalism of Trish the Mediator. Her manner and personality is something you very rarely find.
In summary through this experience my life has been enriched through meeting these people.
Very happy for this to be passed along as a recommendation for others.
Again many many thanks 🙏

Clem Wooding

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