Daily English 1296 - Taking a Buyout

Complete Lesson

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Dialogue/Story

Slow Speed begins at: 1:17
Explanation begins at: 3:17
Normal Speed begins at: 17:37

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Hector: So, are you taking the company buyout? It sounds generous.

Erica: Of course, it’s generous. The company saves a lot of money by giving buyouts to senior employees with high salaries. What they get in return is a huge savings. I’ve been giving it a lot of thought, but I’m still not sure what to do.

Hector: It makes sense for me to take the buyout, since I’m only two years from retirement. It would bridge the gap nicely.

Erica: Yeah, but for someone like me? I’m mid-career and the job market is tight. There’s no guarantee I’ll land another job that pays as well as this one.

Hector: It’s tempting, though, isn’t it, to take a lump sum? You can take time to consider your options.

Erica: My options might be limited. No, I can’t take the risk. I’m staying.

Hector: Well, I’m leaving.

Erica: Sure?

Hector: Sure, I’m sure. A chance to say goodbye to the rat race? I’ll be the first one out the door.

Script by Dr. Lucy Tse

Category: Business