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December 17, 2012


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What is "Gardening Leave"? It shows up in both examples. Dumb question?

I think Lana's Severance Package has a typo. Is it really supposed to say 22 weeks? She only worked there for 4 years.

Very inspiring stories! I know Pat Flynn of smartpassiveincome.com is very happy he got laid off from his job, b/c he makes more in 4 hours of work a day now than he did in his full-time job.

If you feel stuck in a job, there are more options open to you than you can probably see. Start researching, and reading some personal growth books to get yourself where you really want to be.

It's probably an useful book, but the second example is actually nothing inspiring from the package perspective, and the case description mixes up terminology (something I've noticed before with this case on the author's blog).

The package he got is fairly standard for this level, he is an associate principal, and not as stated in the beginning an engagement manager (you can't be still an engagement manager after 11 years, it just doesn't work that way). Also an associate principal doesn't have a boss (actually none of the consultants have managers, this is not your standard corporate structure), so he probably talked to his evaluator and they just agreed that he would be let go, and not considered a voluntary leave, but they didn't take decision on the severance package itself. And all this doesn't require big negotiation, especially if he was a good performer and they saw him as a potential decision maker in future when/if he joins a client company.

Not arguing the book premise, but the author is using an unsuitable example, taking credit for something that was not really negotiated.

@Ron - "Gardening Leave" is the non-compete period someone who successfully negotiates a severance package has to agree on. Or, it is the agreement someone signs when finding a new job. The last thing your employer wants to do is give you a ton of money, and then work for a competitor the next day. Similarly, an employer is protecting themselves from a new hire coming in to learn all your secrets for 6 months, and leaving to a competitor.

@Ivy - A severance package is 100% negotiable. There is no law requiring a severance package. Lyndon was going to QUIT, leaving him with NOTHING, not even health care COBRA. Too many people quit their jobs b/c they are scared. They do not understand how much they are leaving on the table.



Awesome book! Never heard of a book that talks about how to quit your job, but it is so needed since most of us switch careers 7 times in our lifetimes on average.

Curious to know why more people don't bother to try and "engineer" their layoff. Is it ignorance? Fear? Seems like one can make a lot of money.

I was more inspired with Lana's story. I hope I can follow the path she took -- find the courage to leave my job and pursue my passion. Though I know it will take me more than savings and courage. But you did inspire me. I know that I will eventually get there. Thanks for sharing!

Ten bucks says Lana really regrets her choice. Oh, it's fun at first, and fulfilling, but it doesn't take much to ruin your life financially, when you're a freelance artist. Recessions, health issues, a shortage of patrons...all these things make short work of the "glamorous life" of an artist (the 'glamorous' part was sarcasm).

It took me a good 10 years of Lana's life to realize it is no life at all, and living on the brink of poverty is NOT fun or freeing. She'll regret it (unless she seriously lucks into the artist equivalent of 'stardom', which few people ever do).

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