Business · Companies · 12 hrs ago

SAP’s severance programme left older workers weighing retirement finances

SAP’s severance programme left older workers weighing retirement finances

SAP offered a large severance programme two years ago, similar to a programme now at BMW.

The account focuses on older employees who had to decide whether to leave their jobs.

Many wondered whether the payment would last until retirement, making the choice a financial calculation as well as a career decision.

One person said the initial feeling of freedom gave way to self-doubt.

Severance can provide money when a job ends, but the account gives no figures for the payment or the person’s expenses.

The story shows the uncertainty behind accepting an offer even when leaving may first feel like a relief.

No further steps or outcomes are given.

1 source

Related

What people are saying

Worker described in the articleSAP worker who accepted severance
Nach der ersten Freude über die neue Freiheit spürte ich Selbstzweifel
via WirtschaftsWoche