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For corporate, it makes almost no sense to do the monkey dance to try to overcome a PIP unless you’re close to your next vesting period. The way it works is th
by scarface_74 3y ago
For corporate, it makes almost no sense to do the monkey dance to try to overcome a PIP unless you’re close to your next vesting period.
The way it works is they give you a choice when you are put on PIP to either take the severance - in my case $40K - and “leave immediately” or try to work through the PIP.
If you fail the PIP you get one third of the severance amount.
You can take that or dispute it. If you dispute it you get half the third.
When I was given the option, I didn’t even give my manager the chance to explain what I needed to do to overcome the PIP. I asked them how much do I get if I sign to leave and can they send me the link.
I talked to my wife and I signed within the hour.
I knew someone would hire me either full time or at least throw a consulting contract my way (I worked on Professional Services).
Let’s just say I had multiple opportunities to choose from before my paid out PTO had elapsed let alone my severance