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I suspect its because of the way that COBRA works: COBRA would start for them on October 1st (their active employee insurance would cover them until Sep 30), so
by mandevil 4y ago
I suspect its because of the way that COBRA works: COBRA would start for them on October 1st (their active employee insurance would cover them until Sep 30), so they are getting three months. I have never seen a health insurance that supported two week increments, so you couldn't do the 'two weeks for tenure' thing. You could, in theory offer an extra month per year beyond the first, but that's a lot of extra work and expense to go into, offering it, for something that I suspect will have very little pick-up. My guess is most everyone who is laid off today will have a job which will offer insurance by Jan 1st.
- ghaff 4y agoIn spite of what some developers seem to think job hunting can be a many month process, especially over the holidays and in an environment where many companies are being very cautious about hiring. So no I don’t expect most will have jobs by January.