Layoffs

[slobber]

   

Good luck. Would this be a shock?


Gonna win 'em all!

[steve dave]

How much severance?

[Emo EMAW]

   

Good luck. Would this be a shock?


Gonna win 'em all!

Would what be a shock?

[Emo EMAW]

How much severance?

It would be negotiable for me if it came to that.  Probably better than most places but not awesome.

[CNS]

Cut your hair and when you boss comes by asking where Emo went, keep your eyes down and mumble "don't know". 

[Emo EMAW]

eff I am cutting it on Wednesday but this crap is going down tomorrow. 

[michigancat]

Your negotiation position can't be too good if you're getting laid off

[Rage Against the McKee]

Sounds like you have 24 hours to blow the whistle on somebody.

[ChiComCat]

Tell people you have another big doctor's appointment this afternoon.  Shave off all your hair and eyebrows before work tomorrow. 

[michigancat]

Also, how's your resume? Did you sniff some smoke and have it out there already?

[puniraptor]

do you have enough bullets stored up to just go off-grid?

[Emo EMAW]

Your negotiation position can't be too good if you're getting laid off

It would be good enough to get a better than average severance.

[Rage Against the McKee]

I don't even know what an average severance is. 3 months pay?

[420seriouscat69]

Should be two weeks for every year you were there.

[michigancat]

I honestly have no idea why companies give severance. They don't have to, do they?

[steve dave]

I don't even know what an average severance is. 3 months pay?

ours is based on a formula that uses years of service and position. both equate to higher amounts obviously. I'd currently get like 9 months if I got laid off. I don't know if that's how everyone else does it though. ours is definitely not "negotiable" which I don't really understand.

[Rage Against the McKee]

I honestly have no idea why companies give severance. They don't have to, do they?

I think they probably do it so that the employees that don't get laid off can see that there is at least some safety net if they stick around. It's the only reason I can think of, really. The "am I next?" feeling among the employees probably makes some of them apply elsewhere.

[Mrs. Gooch]

If they are laying you off, why would they negotiate?

Like, you are going to say "If you don't give me more severance I will tell all your company secrets to this other company over here." ?

[Skipper44]

I am no HRcat but maybe paying severance is cheaper than having ex-employees filling for unemployment

[Emo EMAW]

If they are laying you off, why would they negotiate?

Like, you are going to say "If you don't give me more severance I will tell all your company secrets to this other company over here." ?

That's one reason for sure, like if they ask you to sign a release.  Of course there are other reasons.  Terms of the severance is, at minimum, negotiable. 

[pissclams]

companies give severance for a lot of reasons, not the least of which is to build good will and protect themselves against lawsuits

[pissclams]

I am no HRcat but maybe paying severance is cheaper than having ex-employees filling for unemployment

employees are still going to file for unemployment after severance runs out

[Mikeyis4dcats]

If they are laying you off, why would they negotiate?

Like, you are going to say "If you don't give me more severance I will tell all your company secrets to this other company over here." ?

That's one reason for sure, like if they ask you to sign a release.  Of course there are other reasons.  Terms of the severance is, at minimum, negotiable.

it also usually prevents you from signing up for unemployment during the period covered by the severance.

[pissclams]

I am no HRcat but maybe paying severance is cheaper than having ex-employees filling for unemployment

employees are still going to file for unemployment after severance runs out

and it's not cheaper than paying unemployment

[8manpick]

Should be two weeks for every year you were there.

That is really low...