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Oftentimes companies that lay employees off (i.e. fire them) offer a severance package where the company continues to pay your salary and offer some benefits fo
by OnACoffeeBreak 3y ago
Oftentimes companies that lay employees off (i.e. fire them) offer a severance package where the company continues to pay your salary and offer some benefits for a period of time after you no longer work for them. Just like the two-week notice, it is not mandatory where I live in the US. I just wanted to highlight that a company paying severance as a reciprocal perk to the employee giving a two-week notice.
Of course, severance is not universal, but, in my experience in the tech sector, having survived five lay offs at three companies and having been laid off once myself, it has been the case.