4 ms·
It depends on what the company is asking for in exchange for the severance and at what level you are at in the company. Assuming you have been there for say 3
by davismwfl 9y ago
It depends on what the company is asking for in exchange for the severance and at what level you are at in the company. Assuming you have been there for say 3 years.
If you started as an entry level or new grad developer, than 1-3 months is pretty common, and fair. If you were mid-level 3-5 years experience, than 1-4 months is not unreasonable depending on the reason for split. But remember, if they are terminating you for a
specific cause they may give you zero to 2 weeks.
If you are senior or held one or more critical rolls during your time, than it is not unlikely they ask for some additional non-compete time or non-disclosure time, especially if you were privy to current R&D or other key company details. For that, they need to pay, and it should be reasonable to the time period they are requesting. That doesn't mean they'll pay you for 2 years, but I would be more likely to ask a professional compensation consultant or employment attorney for advice in this case if I wasn't sure. Remember, if you are being let go, the company's attorney or a fairly senior level HR person has been consulted so no harm in you getting advice too.
While generally not an issue in the engineering space, acceptance of a severance package in the U.S. (IANAL so double check your specific state) will prevent you from attaining unemployment benefits from the state. Again, fairly uncommon in engineering type roles as people are really mobile. However, I have had to let go of some people outside of engineering roles that took a severance and then filed for unemployment months later. They were quite upset when we challenged it and they were denied unemployment benefits. One of the primary reasons you are getting severance is to prevent the company's unemployment costs from rising.
- giampo 9y agoThanks for the response man. In my situation it's actually mutual separation since they gave me shady treatment, borderline discrimination. What would your ballpark be for that? Not sure how much to negotiate for. I have more than a decade of experience, albeit not a manager.
- AnimalMuppet 9y agoWell, if they realize that they gave you shady treatment, that gives you more leverage. On the other hand, you don't want to push that too far. Don't burn bridges with any of the people involved by how you handle this. As far as concrete estimates of what to ask for - I don't know.
- giampo 9y agoThe people kind of already burned the bridge with me themselves, but what can you do. I was thinking 6 months severance and COBRA, since it'll take me time to recover from this. But I wasn't sure if that's ludicrous compared to the market.
- davismwfl 9y agoIf it is mutual and they know they have potential liability you can push some. If you keep it professional you can likely get 3-6 months depending on what type of issue there was. I’d really suggest asking an employment attorney as they’ll have a good idea what the issue is worth. For example, let’s say you are a protected class and they discriminated against you. That claim and the cost to defend it costs X, if you ask for Y and agree not to pursue them further than you’ll be in good shape assuming Y is within reason to X. If they have a counter claim there would be a reduction in the total amount but still worth settling. Hopefully that helps you some. Good luck! Sorry you had an issue, it sucks.