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> that depends on severance package. Can't say for other industries, in tech we're exceptionally lucky - the packages are large, If only. What is this "package
by jlokier 4y ago
> that depends on severance package. Can't say for other industries, in tech we're exceptionally lucky - the packages are large,
If only. What is this "package" you speak of?! :-)
I've been laid off a number of times, or had contracts end, sometimes abruptly, sometimes with ample notice, over the years.
Every time, the severance was precisely 0. No exceptions, whether it was standard employment or a contract. Yes, I work in tech as a SWE. No, they were not ended for bad reasons. In every case the terms just evaluated to 0 or didn't have severance terms.
I'm hopefully about to start a new job, and the terms on offer do not include any severance package no matter how long the service, but they are good in other ways. My previous job was the same. To be honest, because I've never received a severance package, it didn't occur to me to ask about it either of these times!
It really depends where you work.
- trhway 4y ago>It really depends where you work. one guy back then at Sun got into 3 layoffs over several years, each time getting as the severance - being a longtimer - a year worth of a very good Senior Staff salary and each time coming back to Sun in a few months (the requirement to repay pro-rated severance in case of being hired back had been already dropped by then :)