FINANCIAL AND RETIREMENT ADVICE
IN PRACTICE
FINANCIAL AND RETIREMENT ADVICE
IN PRACTICE
Real-world examples from our work advising employees during times of change
When employees face important career decisions—such as severance pay, early retirement, or retirement—complex financial questions often arise.
Our independent experts analyze each individual situation, develop scenarios, and identify specific courses of action. This provides employees with a solid basis for decision-making and gives companies clarity throughout the separation process.
The following examples illustrate typical issues we encounter in our consulting practice.
Real-world examples from our work advising employees during times of change
When employees face important career decisions—such as severance pay, early retirement, or retirement—complex financial questions often arise.
Our financial and retirement planning services help you calculate various scenarios in a transparent manner and make informed decisions. Our advice is provided independently and without the sale of financial products.
The following examples illustrate typical issues we encounter in our consulting practice.
"Financial decisions require clarity. . about all options.”
AUTOMOTIVE GROUP
Financial Decision-Making Guidance for the Severance Program
Initial Situation
An automotive company was planning a voluntary severance program. Many employees were faced with the question of what financial consequences a severance package would have on their personal situations—particularly with regard to taxes, pension entitlements, and potential transitions to retirement.
Procedure
Analysis of the Individual’s Initial Financial Situation
Calculating the Impact of Severance Pay and Taxes
Simulation of Various Retirement Scenarios
- Advice on health insurance, retirement benefits, and financial planning
Challenge
Employees had to make a complex decision: Is a severance package financially more advantageous than an early retirement plan or continued employment? Many lacked a clear understanding of the long-term implications for their income, pension entitlements, and personal life plans.
Result
Transparency Regarding the Financial Impact of the Decision
Clarity on Pension and Retirement Savings
- A Solid Basis for Employee Decision-Making
MECHANICAL ENGINEERING COMPANIES
Transparency Regarding Pension Gaps in Severance Pay
Initial Situation
As part of a restructuring, employees were offered the option of voluntarily terminating their employment in exchange for a severance payment. Older employees, in particular, wondered how leaving the company early would affect their future pension benefits.
Procedure
Calculation of Individual Retirement Scenarios
Analysis of Statutory Pensions and Company Pensions
Consideration of Tax Implications
- Overview of Financial Trends Through Retirement
Challenge
Many employees wanted to understand how a severance package and a possible early departure would affect their future retirement situation financially. Without a transparent calculation of their individual retirement gap, they lacked a reliable basis for deciding between a severance package, continued employment, or a transitional arrangement.
Result
A clear assessment of one’s personal retirement situation
Transparency Regarding Potential Pension Gaps
- A Solid Basis for Deciding Between Severance Pay and Continued Employment
GROUP
Structured Transition to Retirement
Initial Situation
An international corporation developed programs for older employees to help them make a smooth transition to retirement while also creating socially responsible solutions for the company.
Procedure
Analysis of Existing Pension and Retirement Benefits
Simulation of various transition scenarios leading up to retirement
Inclusion of working time accounts and severance pay models
- Independent advice from experts
Challenge
Many employees wanted to understand which combination of partial retirement, early retirement, or deferring retirement would make the most financial sense for their personal situation. Without transparent calculations, they lacked a solid basis for making this decision.
Result
A Clear Basis for Decision-Making for Employees
High level of acceptance of the programs within the company
Transparent Communication During the Change Process
ADDED VALUE OF CONSULTING
