4 ms·

I got laid off from a gaming company and my severance was pitiful and amounted to 1 month of rent. I think this is a fantastic severance

nox101 3y ago
Did you look into unemployment benefits? I've never done this but I had acquaintances who looked forward to getting laid off because they'd get unemployment payments from the government for up to 6 months so they saw it as vacation. All they had to do was lie about looking for a job. This was quite a while ago so things might have changed. PS: not saying you shouldn't have gotten a better severance package.
- advael 3y ago
  Unemployment never pays your full salary, and how much it even scales with your salary caps at a number much lower than is relevant for about the top 75% of software engineers in most states. Assuming you're not straight up lying, then the people you talked to likely derived considerable security from their savings and future job prospects, or possibly even other exogenous factors such as supportive families or income-earning partners rather than unemployment benefits alone
  - rcbdev 3y ago
    Or they were unmortgaged home owners already - You really don't need that much money to just keep on living for a few months at that point.
    - firesteelrain 3y ago
      And how many are really at that point if they are not much older?
      - advael 3y ago
        Only takes one to make an anecdote
- e12e 3y ago
  > All they had to do was lie about looking for a job. So ... fraud? Probably nets you up to six months in prison?
  - nox101 3y ago
    I agree that it's wrong and was shocked when a friend brought up that's what they did and several friends chimed in "me too". Unfortunately, tons of people in the world really don't care about wrong, they only care about what they can get away with? Their argument was "I paid the unemployment tax, I should be able to take advantage of the benefit". But I agree, the point is not to use as much as possible. It's to use as little as possible. We can't have nice things because lots of people will abuse the system.
fatnoah 3y ago
I got laid off and my "severance" was the minimum mandated WARN act period and "don't mail your stuff back to us." Of course, the layoff happened the month before equity vesting and annual bonus happened.

nox101 3y ago

Did you look into unemployment benefits? I've never done this but I had acquaintances who looked forward to getting laid off because they'd get unemployment payments from the government for up to 6 months so they saw it as vacation. All they had to do was lie about looking for a job. This was quite a while ago so things might have changed. PS: not saying you shouldn't have gotten a better severance package.

advael 3y ago
Unemployment never pays your full salary, and how much it even scales with your salary caps at a number much lower than is relevant for about the top 75% of software engineers in most states. Assuming you're not straight up lying, then the people you talked to likely derived considerable security from their savings and future job prospects, or possibly even other exogenous factors such as supportive families or income-earning partners rather than unemployment benefits alone
- rcbdev 3y ago
  Or they were unmortgaged home owners already - You really don't need that much money to just keep on living for a few months at that point.
  - firesteelrain 3y ago
    And how many are really at that point if they are not much older?
    - advael 3y ago
      Only takes one to make an anecdote
e12e 3y ago
> All they had to do was lie about looking for a job. So ... fraud? Probably nets you up to six months in prison?
- nox101 3y ago
  I agree that it's wrong and was shocked when a friend brought up that's what they did and several friends chimed in "me too". Unfortunately, tons of people in the world really don't care about wrong, they only care about what they can get away with? Their argument was "I paid the unemployment tax, I should be able to take advantage of the benefit". But I agree, the point is not to use as much as possible. It's to use as little as possible. We can't have nice things because lots of people will abuse the system.

fatnoah 3y ago

I got laid off and my "severance" was the minimum mandated WARN act period and "don't mail your stuff back to us." Of course, the layoff happened the month before equity vesting and annual bonus happened.