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What does it mean when a co offers you a Retention Incentive in a separation agreement?
Wiki User
∙ 17y ago
The only time I can see those two going together is when the agreement is something like when you would separate at a later time - say 6 mos. (or more commonly, after the completion of merger or closure of your department/branch, etc.)- and they want to make sure you stay until they really don't need you, they have an incentive portion to keep you from taking a new position until then.
Wiki User
∙ 17y ago
When a company offers a retention incentive in a separation agreement, it typically means they are providing additional compensation or benefits to encourage you to stay with the company for a designated period of time after the agreement is signed, often to assist with transition or knowledge transfer.
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