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Can you give some advice on how other positions can argue such risk mitigation? 6 months severance would get every Software dev/eng laughed out to the street.
by maerF0x0 12y ago
Can you give some advice on how other positions can argue such risk mitigation? 6 months severance would get every Software dev/eng laughed out to the street. as far as my experience goes, signing bonuses are out too. Usually the company is eating a massive training cost for the first 6 months, saying to them "In addition to training cost, I want X risk mitigation" seems unlikely to be met with agreement.
- jmathai 12y ago> 6 months severance would get every Software dev/eng laughed out to the street. I believe the parent was talking about C-level positions. I don't know if that applies at a 2 person startup where everyone is a C-level but at larger companies you probably have lots of room to negotiate if you're taking that type of position.
- rbobby 12y agoHere's a fun fact for you. Under Canadian employment law/case histories if you as a senior management employee with many years of service are "romanced" away to a new company which then fires you... your years of service at your original company should be used to calculate your severance. For management positions this means 1 month severance for every year of service. So if you romanced an executive into joining your startup you and then fire them you could be on the hook for a very large severance package.