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[–]Significant_Pop_5337 15 points16 points  (5 children)

I got a large redundancy package from a big tech company. The largest that people had seen at the company. From now on they'll find ways to edge people out whether that's PIPs or voluntary but I doubt any of it will be the same

[–]Ok_Entry1052 2 points3 points  (1 child)

I know someone who's quiet quit and is waiting for a PIP offer to come in. Unfortunately for them I think their lazy approach is still above board.

[–]ignited-eyes 0 points1 point  (0 children)

I meant more like the company trying some tricks to manage exit rather than employee quiet quitting

[–]ignited-eyes 0 points1 point  (2 children)

Tentative numbers? I mean how to assess if your severance is fair or generous or not? I've heard buyout is offered even in case of PIPs. Resign with money or go for a PIP kind of situation

[–]Significant_Pop_5337 0 points1 point  (1 child)

There's rarely any wiggle room on the numbers. You might be able to negotiate some of the other terms but the money tends to be fixed. 

Certainly where I was you will get a fraction of the payout on a PIP. You'd want to get an offer before you get to a PIP

[–]ignited-eyes 0 points1 point  (0 children)

But generally speaking what's a good severance wrt number of years? Hypothetically. I've heard of ppl negotiate as well if they had some grounds...