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Severance is common in high paying tech jobs. Severance is not common in general. Almost 60% of US workers are hourly and most of them don't get severance. A l
by nonethewiser 4y ago
Severance is common in high paying tech jobs. Severance is not common in general.
Almost 60% of US workers are hourly and most of them don't get severance. A lot of the other 40% dont either.
https://www.workstream.us/blog/hourly-vs-salaried-jobs-benefits-differences https://www.workstream.us/blog/hourly-vs-salaried-jobs-benef...
- shubb 4y agoSeverance as in a 'voluntary' payment by employers is a US thing that I don't understand. Do you mind explaining why it gets paid at all? In the UK, it's common for employers to have contractual obligation to pay a notice period, and for longer term employees they are legally obliged to be firing them on capacity or redundancy grounds - so it is common to pay some severance in order to pay the employee to resign themself and sign some legal paperwork saying it's okay. I don't get why employers pay extra money "just to be nice" where there isn't some legal reason to do it...?
- ngcc_hk 4y agoThought there are 0 hour job as well in Uk. But Uk at least have universal health care.