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In some states, severance pay can delay or reduce eligibility for unemployment benefits. The generous multi-month severance packages that many tech workers rece
by BadCookie 3y ago
In some states, severance pay can delay or reduce eligibility for unemployment benefits. The generous multi-month severance packages that many tech workers receive could have an effect on the unemployment numbers as a consequence—but I’m speculating.
- aweiland 3y agoThis is true, it happened to me. Unemployment benefits did not start paying until the severance was used up (even if you get a lump sum, they pro-rate it based on your salary to calculate the time).
- CoastalCoder 3y agoRhode Island has that policy.