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Also try to get your severance in months of pay and not hard dollar amounts if you can. Severance is a win win, as the business doesn’t have to pay you now and
by iamNumber4 8y ago
Also try to get your severance in months of pay and not hard dollar amounts if you can. Severance is a win win, as the business doesn’t have to pay you now and has no impact on the current bottom line. So at the surface there is no impact to throwing you a bone if they let you go. where I gets fun is when you rack up 6-8 months, as then they have to make you happy, or their paying you and a new employee (your replacement) for the terms of severance.
Having it in months, then it is based on current rate pay on exit, so if you get significant future raises even more pain for them on exit.