Leaving on the Best Terms: The Power of a Well-Negotiated Exit Package
An exit package is a negotiated agreement between an employer and an employee to bring an employment relationship to an end. It often includes financial compensation and other benefits in exchange for the employee’s resignation and waiver of future legal claims.
In New Zealand, a severance package, also known as an exit package, is a financial compensation or benefits offered to an employee when their employment is terminated by their employer, or by negotiation when they resign under a mutual agreement.
When an employment relationship breaks down, an exit package can provide a dignified and practical solution. Whether initiated by the employer or the employee, it offers a mutually beneficial way to part ways without the stress of lengthy termination processes or legal disputes.
Sometimes, it becomes clear that your role is no longer needed or valued—through no fault of your own. In such cases, negotiating an exit package is often a far better alternative than simply resigning. Many challenging workplace situations are resolved this way, allowing both parties to move forward on positive terms.
A well-structured exit package is confidential and designed to support a smooth transition. It may include financial compensation, a strong reference, a carefully worded departure announcement, non disclosure agreement or non-compete clauses. The exit package may incude other key benefits to protect your professional reputation and future opportunities.
Our experienced advocates specialise in identifying opportunities for exit packages and negotiating the best possible terms. Engaging us early in the process allows us to work with you to develop the right strategy for the best outcome.
If you are offered an exit package you do not have to accept it. It’s a good idea to seek legal advice to ensure the terms are fair and reasonable.
Need help negotiating your exit package?
Call us today at 0800 669 466 or provide us with the details below, and we’ll guide you through the process.
Thousands of employees and employers have placed their trust in us to navigate their employment challenges. Here are just a few of their experiences.
I found myself dealing with a very stressful employment situation and felt completely out of my depth. From my first conversation with Hilary, I felt heard, supported, and reassured that I didn’t have to navigate everything on my own. Throughout the process, Hilary was professional, knowledgeable, patient, and always willing to answer my questions. She explained things clearly, kept me informed, and provided support during what was a very difficult period. What impressed me most was the genuine care she showed. I never felt like just another case file. She took the time to understand my situation and worked hard to achieve a fair resolution. I cannot thank Hilary enough for her dedication, expertise, and advocacy. The outcome has allowed me to move forward and focus on the future. I would highly recommend Hilary and Work Law to anyone needing help with an employment matter. Thank you again for everything. I had a truly positive experience working with Sandy Ward during a very challenging and stressful period, and I am so glad I contacted Work Law before resigning out of exhaustion. From our first conversation, Sandy was calm, compassionate and genuinely took the time to understand my situation. She balanced empathy with professionalism, providing thoughtful, measured advice throughout the process. She made a difficult situation feel manageable and gave me confidence when I needed it most. Sandy’s communication was outstanding—clear, pragmatic and outcome focused. She combines genuine warmth with strong resolve and is clearly an exceptionally skilled & experienced advocate who is not going to be intimidated while negotiating! I felt I had someone firmly in my corner who was both compassionate and highly effective. I would highly recommend Sandy to anyone needing an employment advocate, she combines exceptional expertise with kindness, integrity and genuine care for her clients. Thank you Sandy.I am incredibly grateful for the support and guidance I received from Hilary and the team at Work Law.
I would highly recommend Sandy to anyone needing an employment advocate
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