In today’s volatile market, we’re seeing a wave of corporate restructures, redundancies, and unfortunately, some very troubling stories of senior executives being unfairly exited from businesses. Often, these individuals have done everything right—dedicated themselves to their roles, worked hard, and delivered results—only to find themselves unexpectedly pushed out. Worse still, some are victims of constructive dismissal, where employers take underhanded measures to get rid of talent without going through the formal processes of redundancy or restructure.
The harsh reality is that, when things get tough, ethics can go out the window. Senior executives can fall victim to office politics or cost-cutting measures, and employers may not be transparent about their decisions. Instead of treating executives with dignity and respect, many organisations are opting for quick, backdoor exits to save costs—leaving individuals blindsided and struggling to protect their careers.
If this happens to you, it’s a huge shock. Most likely, you’re a high achiever who has been loyal and done everything expected of you, and you won’t see this coming. Whether it’s because your salary is deemed too high or you’ve fallen out of favour due to internal politics, you could find yourself on the retrenchment list or suddenly out of a job.
What to Do When You’re Being Pushed Out
If you find yourself in this situation, it’s absolutely essential that you don’t rush to sign anything. While it might be tempting to just “get it over with” and move on with your life, doing so could seriously hurt your future prospects—especially in a challenging economy where senior executives can take months, even up to a year, to secure a comparable role. Here are some steps you should take:
1. Hold Your Nerve and Take Your Time
First and foremost, don’t let the company rush you into a decision. Employers are often skilled at putting pressure on executives to sign exit agreements quickly, presenting a minimal package and pushing you to agree without proper consultation. They might call you into a room with HR late on a Friday afternoon, push papers in front of you, and say, “sign here, everything will be fine.”
Don’t fall for it. Instead, take your time to review everything and make sure you fully understand the implications. Don’t agree to anything that you don’t feel comfortable with or that could negatively impact your long-term career.
2. Engage Employment Lawyers and Get Proper Advice
It’s crucial that you engage high-quality employment lawyers to help you navigate this situation. Even if you feel confident in handling negotiations yourself, a good lawyer will ensure that you’re not missing out on entitlements, proper compensation, or legal protections. They’ll also help you negotiate the best possible terms for your exit.
Remember, companies are often experts at exiting employees—especially large organisations that have honed their techniques for minimising costs and liabilities. But once they realise that you’re serious about protecting your rights and have legal representation, their attitude can quickly shift.
3. Understand the Art of Negotiating Your Exit
Negotiating your exit is just as important as negotiating any other part of your career. Contractual obligations should be at the forefront of your mind, especially when personal and business reputations are on the line. When companies see that you’re standing your ground and won’t be easily swayed, you’ll likely see a change in the exit offer.
This is particularly important if your reputation is at stake. You want to ensure that your departure is handled with professionalism and dignity, and that the terms of your exit leave you in a strong position to seek future senior-level employment.
4. Be Wary of Minimal Packages and Reputation Issues
Many executives are tempted to just sign the papers and accept what’s on offer, but this can be a huge mistake. The job market is tough right now, and accepting a minimal package may leave you in a vulnerable position while you search for new roles. Worse still, if the exit is mishandled, it could damage your reputation, making it harder for you to secure new opportunities.
Ensure that your exit package reflects your contributions to the organisation, and that it gives you the financial runway you need to find a new role. Additionally, make sure that any public statements about your departure are clear and protect your reputation.
5. Don’t Be Afraid to Push Back
Companies will often try it on. They’ll assume you’ll just accept what’s given to you and walk away. But once they see that you’re prepared to stand firm, negotiate, and involve legal professionals, they’ll likely adjust their approach.
There’s always something you can do to improve your exit terms, whether it’s securing a better financial settlement, negotiating for longer notice periods, or ensuring that you leave with your reputation intact. Don’t let companies take advantage of you—push back when necessary.
Final Thoughts: Protecting Your Best Interests
At the end of the day, the relationship between employer and employee has changed. Loyalty is not what it used to be, and in today’s corporate environment, senior executives need to be prepared for tough exits. Whether it’s through no fault of your own or due to corporate politics, you have to protect your best interests, both financially and reputationally.
I’m always available to help my clients through these situations and ensure that they navigate these difficult scenarios with the best possible outcome. It’s critical that you have the right people in your corner, and that you take the time to make the right decisions for your future.
If you find yourself in a distressing situation, don’t hesitate to reach out—I’m here to help ensure that you emerge stronger and ready for the next chapter.