Name: The Layoff Handbook
Availability: InStock

Question 1

What should I do in the first 24 hours after a layoff?

Accepted Answer

First, don't sign anything immediately—you typically have 21 days (45 if over 40). Secure your personal files, note any company property, and take time to process emotionally. Avoid making major financial decisions while in shock.

Question 2

Should I take COBRA or marketplace insurance?

Accepted Answer

In 2025, 8 out of 10 people qualify for ACA subsidies that make marketplace plans cheaper than COBRA. COBRA averages $700/month for individuals, while subsidized marketplace plans can be under $100. Always compare before choosing COBRA.

Question 3

Can I negotiate my severance package?

Accepted Answer

Yes—80% of severance packages are negotiable. Key items to negotiate include: extended severance pay, continued health insurance, outplacement services, vesting acceleration, and positive reference language. Having leverage (specialized knowledge, client relationships) helps.

Question 4

How long does the average job search take?

Accepted Answer

In 2025, the average job search takes 5 months (19.9 weeks). About 24% of job seekers are unemployed for 27+ weeks. Referrals and networking produce 70%+ of job placements—much more effective than volume applications.

Question 5

What's the H-1B grace period after layoff?

Accepted Answer

H-1B holders have a maximum 60-day grace period starting the day after their last paid day—or until their I-94 expires, whichever is FIRST. You can work immediately once a new H-1B transfer petition is filed. Immigration enforcement has intensified in 2025.

Question 6

Who is this course designed for?

Accepted Answer

Both financial professionals helping clients through layoffs AND individuals experiencing job loss. It provides a complete roadmap covering immediate actions, financial decisions, health insurance, job search strategy, and mental health support.