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Hello...I have been with my organization for 33.5 years and I am 54 years old. I am a Sales Director and they are restructuring and gave me the option to take a demotion to an individual contributor with the same pay or take a package and leave. I have decided that I want to leave and retire from the company. I would appreciate your guidance and how I best handle this.
Thank you for your question. My name is Stephen Gillman and I am an employment lawyer with Samfiru Tumarkin LLP. You have no obligation to accept the demotion and it is important to make sure you are provided with a fair severance offer. Before indicating to the Company you wish to retire or accepting the offer, it is very important that you receive professional advice. I would be happy to provide you with a free an confidential consultation. Feel free to email directly at stephen.gillman@stlawyers.ca so we can set up a time to discuss.