David Peters, financial advisor and CPA, joined Cheddar News to break down exactly how employee buyouts work. HE described the method as a way for companies to cut payroll costs. "One of the things to consider is how long we think we're going to be without a job," he said. "That is going to help us to look at the deal that is being offered and help us decide if that's going to be the right thing for us."

Share:
More In Business
The Real Cost Of Owning A Car Today
New car owner analysis from Insurify finds drivers spend an average of $5,851 a year on insurance, gas and maintenance alone, separate from financing costs.
Load More