3 ms·
Companies don't need to offer severance in the US, unless there's an employment agreement that specifies it.
by meepmorp 4y ago
Companies don't need to offer severance in the US, unless there's an employment agreement that specifies it.
- bwbuhse 4y agoEven in California? (Series question I’m too lazy to Google)
- Dudelander 4y agoEven in California.
- hothitta 4y agohttps://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN https://edd.ca.gov/en/Jobs_and_Training/Layoff_Services_WARN
- Dudelander 4y agoThat law says they have to be notified, it doesn't mention anything about severance.
- fred_is_fred 4y agoHe's offering 3 months to avoid violating the WARN act - so while severance is not required, following WARN is.
- meepmorp 4y agoYeah, it's probably 60 days of not-working at Twitter, plus an actual severance payout.
- inferiorhuman 4y agoWithout a payroll or tax team it's probably none of that.
- themadturk 4y agoThey don't need to offer severance, but they do (in many cases) have to offer a minimum 60 days notice of lay off. The initial wave of layoffs offered at least 60 days severance in lieu of notice. How this "love it or leave it" ploy works I'm not sure, but since there is severance, it probably doesn't matter. The question now is, with no one in payroll department, will people laid off with a promised amount of severance pay ever see it?
- fpdavis 4y agoThe Federal Worker Adjustment and Retraining Notification Act or WARN Act, offers protection to workers, their families and communities by requiring employers (with 100 or more full-time workers) to provide written notice 60 days in advance of plant closings, mass layoffs and/or sale of a business.