What Happens After a Buyout?

Buyouts. A fact of life in media.

But it’s not as simple as cutting the sheet cake, passing around a congratulations card, and wishing the retiree on their way.

Workforce reports on the challenges involved with retirees:
“For many people, work is the centerpiece of their lives and a big part of their identity. Although retirement sounds like fun, the reality of this major life change can be very frightening and stressful.”

HR should provide financial planning, obviously, but also lifestyle planning—tips for what to do next and how to recognize “transitional depression”—and transitional planning—perhaps offer a free year’s membership to a retirement organization or recommend a financial planner.

“Transition” all sounds a little like “Release” in this context, or taking old journalists out to an ice floe and leaving them there, but maybe you can come up with something that sounds better and doesn’t leave valued employees feeling abandoned.

Join Baratunde Thurston (left), The Onion’s Director of Digital and author of How to Be Black, for an entertaining look at creative social media campaigns in our Social Media Marketing Boot Camp starting this Thursday, February 16. Other speakers include Morin Oluwole (Facebook), Michael Brito (Edelman Digital), and Tim Devane (bitly). Register now.