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Can someone shed some light how this works in the US? What are the conditions for termination there? Do you get X months severance?
by okamiueru 4y ago
Can someone shed some light how this works in the US? What are the conditions for termination there? Do you get X months severance?
- mrcwinn 4y agoDifferent states have varying legal requirements, though many tech companies anchor to California because it often sets the floor. So if you solve for California, you're likely solving for most of your workforce. In general, yes, at major tech companies there is severance, payout of any accrued paid time off, and sometimes there's additional payment to cover COBRA payments for 1+ month(s), as well as resources for finding a new job. Some companies will also extend termination dates to help an employee snag an additional month of health coverage. For folks on H1B there is almost always additional legal representation support as well. I think large tech companies do an exceptional job supporting employees. But of course, for the person affected, still scary nevertheless. My heart goes out for those people.
- okamiueru 4y agoThanks for the nice explanation. What are COBRA and H1B? COBRA is specific to the US? Related to extend some sort of private health care coverage they had under the employer? And H1B are for non-Americans who were allowed to stay on the condition of having an employer? Could you clarify what the conditions are for california? How many months of salary is covered? How immediate is the effect of termination in terms of "pack your bags". Etc