4 ms·
"the rest of the year's worth of pay in one lump sum, to keep your corporate laptop, and COBRA coverage for the rest of the year should you need it. You will al
by Clubber 3y ago
"the rest of the year's worth of pay in one lump sum, to keep your corporate laptop, and COBRA coverage for the rest of the year should you need it. You will also get double the value of any unspent paid time off, including the time you would have gained during the rest of the year."
OMG I would love this kind of severance, in February no less. I'm accustomed to hearing about severance that goes from from jack squat to 2 weeks severance + 1 week per year worked, no insurance, no laptop, and maybe you unpaid vacation time that didn't carry over.
Lay me off, baby. Daddy's going on a 10 month paid sabbatical!
The worst that are affected are the people who didn't get laid off and now have to do the work of all the people that did. Double the work with no extra pay, what's not to like?
- arpa 3y agohahaha yes. This kind of a layoff is actually winning the lottery.
- x86x87 3y agoThis kind of severance is a thing of the past. I predict a new type of employement will emerge as a result of the late stage capitalism we are experiencing: the just in time employment. Where you are technically employed all the time but you are not paid [the same] when the corpo has you in the idle bucket. The drones will stay on for the health insurance, minimum pay, the illusion of work right around the corner. Heck, we also may have corpos form big pools of disposables that allow them to elastically scale the number of people that currently work on something up and down. Remember folks! JustInTime Employment!
- omoikane 3y ago> just in time employment Sounds like making everyone a contractor.
- pixl97 3y agoYou mean the gig economy, right?
- MichaelRo 3y agoWell a guy named SWIM got laid off not long ago with exactly this kind of severance, about 6 months left in the year + compensated for unspent time off + got to keep his laptop and monitor. Getting laid off like this was the best thing that happened in his employment history and not just to him, there was a mass layoff and people were anxious they might end up being kept :) So I completely stopped reading the story after the severance package since that paragraph completely shattered my suspension of disbelief. Any sane (and competent) person would jump at the opportunity of being laid off like this.