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Yes, because it's pretty shitty for Europe. I didn't understand well, sorry.

by speedgoose 7y ago

~~Yes, because it's pretty shitty for Europe.~~ I didn't understand well, sorry.

duxup 7y ago
What's the average for Europe?
- disiplus 7y ago
  afaik in some countries its not required (switzerland?) and in others it depends on the number of years the person worked in company. i think it depends on the country.
  - Schweigi 7y ago
    No severance pay required in Switzerland but there will be a mandatory one month to three months notice period. A company can decide to send their workers home earlier but they would still be required to pay salary for that period. Though when laying of 25% there will be some additional government requirements as it would be classified as a mass-layoff and will need a social plan.
- deleted 7y ago
  [deleted]
KoftaBob 7y ago
"In many countries, the severance pay is a lump sum that increases with the employee’s tenure in the company and their wage level. In the Czech Republic, Denmark, Hungary, Italy, Lithuania, Poland, Portugal, Slovakia and Spain, employees with service of up to one year are entitled to severance pay (in most cases one month’s pay), while in Luxembourg employees have to have a minimum of five years within the organisation before receiving severance pay. In France and Slovenia, employees with up to five years’ tenure are entitled to severance pay amounting to a maximum of one month’s pay; in Spain, the entitlement is 100 days’ pay for the same tenure." AirBnB is giving laid off workers around 3 months of severance pay. How is that less competitive than what's given in Europe?
- disiplus 7y ago
  yup, it's better then what you would get in most of the europe. does US have an unemployment plan. how long and how much do you get ?
  - toomuchtodo 7y ago
    > does US have an unemployment plan. how long and how much do you get ? Each state has unemployment insurance. In most cases, the benefit amount per week/month puts you around the federal poverty line for an individual. No state has a severance requirement (although some do require your PTO balance be paid out as wages). https://fileunemployment.org/unemployment-benefits/unemployment-benefits-comparison-by-state/ https://fileunemployment.org/unemployment-benefits/unemploym...
  - duxup 7y ago
    Yeah so severance is what you get from the company directly. That counts as your usual pay. So during that time you don't get 'unemployment'. After the severance runs out then you collect unemployment, how much that is varies state to state.
    - disiplus 7y ago
      then it's a little different in europe (afaik), you get your severance, it's one time payment but it's usually not that big. and you can right away get your unemployment payment. the length and the amount depends on how much have you worked and the pay you had. the one does not depend on the other.
  - 112012123 7y ago
    Yes. It depends on your salary, but given the current covid crisis, most airbnb technical employees are eligible for around $4200 per month for 26 weeks.
- speedgoose 7y ago
  Oh right, it's before the state unemployment. Then I don't know.

~~Yes, because it's pretty shitty for Europe.~~ I didn't understand well, sorry.

duxup 7y ago

What's the average for Europe?

disiplus 7y ago
afaik in some countries its not required (switzerland?) and in others it depends on the number of years the person worked in company. i think it depends on the country.
- Schweigi 7y ago
  No severance pay required in Switzerland but there will be a mandatory one month to three months notice period. A company can decide to send their workers home earlier but they would still be required to pay salary for that period. Though when laying of 25% there will be some additional government requirements as it would be classified as a mass-layoff and will need a social plan.
deleted 7y ago
[deleted]

KoftaBob 7y ago

"In many countries, the severance pay is a lump sum that increases with the employee’s tenure in the company and their wage level. In the Czech Republic, Denmark, Hungary, Italy, Lithuania, Poland, Portugal, Slovakia and Spain, employees with service of up to one year are entitled to severance pay (in most cases one month’s pay), while in Luxembourg employees have to have a minimum of five years within the organisation before receiving severance pay. In France and Slovenia, employees with up to five years’ tenure are entitled to severance pay amounting to a maximum of one month’s pay; in Spain, the entitlement is 100 days’ pay for the same tenure." AirBnB is giving laid off workers around 3 months of severance pay. How is that less competitive than what's given in Europe?

disiplus 7y ago
yup, it's better then what you would get in most of the europe. does US have an unemployment plan. how long and how much do you get ?
- toomuchtodo 7y ago
  > does US have an unemployment plan. how long and how much do you get ? Each state has unemployment insurance. In most cases, the benefit amount per week/month puts you around the federal poverty line for an individual. No state has a severance requirement (although some do require your PTO balance be paid out as wages). https://fileunemployment.org/unemployment-benefits/unemployment-benefits-comparison-by-state/ https://fileunemployment.org/unemployment-benefits/unemploym...
- duxup 7y ago
  Yeah so severance is what you get from the company directly. That counts as your usual pay. So during that time you don't get 'unemployment'. After the severance runs out then you collect unemployment, how much that is varies state to state.
  - disiplus 7y ago
    then it's a little different in europe (afaik), you get your severance, it's one time payment but it's usually not that big. and you can right away get your unemployment payment. the length and the amount depends on how much have you worked and the pay you had. the one does not depend on the other.
- 112012123 7y ago
  Yes. It depends on your salary, but given the current covid crisis, most airbnb technical employees are eligible for around $4200 per month for 26 weeks.
speedgoose 7y ago
Oh right, it's before the state unemployment. Then I don't know.