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It's legally required in many jurisdictions. I think it's perfectly reasonable to "feel entitled" to things I'm legally entitled to.
by patmcc 4y ago
It's legally required in many jurisdictions.
I think it's perfectly reasonable to "feel entitled" to things I'm legally entitled to.
- tayo42 4y agofrom what i read that isn't true in california at least.
- shagie 4y agoCould you identify the jurisdictions? The only sources that I've found on it are: https://www.dol.gov/general/topic/wages/severancepay https://www.dol.gov/general/topic/wages/severancepay > There is no requirement in the Fair Labor Standards Act (FLSA) for severance pay. Severance pay is a matter of agreement between an employer and an employee (or the employee's representative). https://www.sillscummis.com/severance-to-pay-or-not-to-pay/ https://www.sillscummis.com/severance-to-pay-or-not-to-pay/ > As of this writing, no federal or state law obligates employers to pay severance to employees upon termination. Under the federal Worker Adjustment and Retraining Notification (“WARN”) Act and some state equivalents, employers may be required to pay terminated employees wages and benefits for a certain period if they fail to provide adequate notice to those employees as part of a qualifying mass layoff or plant closing. However, these payments under the WARN Act are penalties for non-compliance with the notice requirement rather than true severance and, moreover, can easily be avoided by providing the required notice.
- patmcc 4y agoSure, a couple points. 1. More than the US exists. Stripe has a headquarters in Ireland (which does have severance laws) and employees in many countries. And my point was general, not just pertaining to Stripe. 2. If (and I don't know the specifics) Stripe has made a contract that spells out particular severance policies, the employees are legally entitled to that. Contracts are legally binding. 3. The WARN Act requires notice in layoffs, but it's almost unheard of in tech companies to say "hey, we're going to lay you off in 60 days". People get permissions revoked and walked out the door. In those cases, severance is required. You can call it "penalties for non-compliance with the notice requirement" but if it looks like a duck and quacks like a duck, well, it's severance.