I'm being offered a promotion, with a modest pay-rise and a change in terms, and my boss is really excited and happy to announce that as part of the promotion I get the added bonus of eligibility for an 'Exit Incentive'
I've never heard the term, and they're not announcing what they actually mean by the exit incentive until the end of the month, and I'm getting cryptic answers about what it is, they seem to think it's great news...
Having read about it online the only reference I can see to an Exit Incentive relates to some form of voluntary redundancy package ("an exit incentive is a payment to an employee in return for the employee’s voluntary resignation").
Is there something else they might mean?
I understand the benefits for someone who wants to leave the organisation, but why would they promote me and make me eligible for this on the same day? I'm getting mixed messages about my future at the company to say the least.