Compensation Resources Expert Quoted in NerdWallet Article on Workplace Buyouts

Compensation Resources (CR) is pleased to share that Gene Camm, Managing Director of Compensation Resources at EisnerAmper, was quoted in a NerdWallet article titled “Should You Take a Buyout at Work?” The article was also picked up by MSN.

Written by NerdWallet writer Kate Ashford, the piece explores the financial and career factors employees should weigh when their employer offers a voluntary buyout. With companies like Microsoft and NPR recently announcing buyout offers, the article provides timely guidance for workers navigating this increasingly common scenario.

Camm offered perspective on the competitive dynamics that employees should consider when evaluating a buyout, including:

• Timing and competition in the job market. Camm noted that employees who delay their decision risk losing out to colleagues with similar qualifications who enter the job market sooner.
• The case for staying. Camm also pointed out that declining a buyout can sometimes be the smarter move, particularly when departures create new leadership opportunities for those who remain.

The article also features advice from certified financial planners on topics including tax implications of lump-sum severance payments, the importance of maintaining an emergency fund, and how to evaluate the full cost of replacing employer-sponsored benefits.

You can read the full article on NerdWallet’s website. The article is also available on MSN.