Should Severance packages be included in total comp discussions? What amount of time, if any, is acceptable for a Director level role? What amount of time, if any is acceptable for a VP level role?

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Is it common to negotiate the severance package when receiving and offer letter? I.e 3 months of severance for more senior roles? (VP and up)

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I have been in the industry for ~ 20 years, career slowed down when I went part time to raise a family and care for aging parents and when I moved to Milwaukee, I took a demotion. I was part of Covid layoffs and have been applying for an Account Director role. When I looked on LinkedIn, the company has a lot of young people at VP level. How do I negotiate for that after the fact? What does VP mean at your company?

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Due to Covid & a new VP, everything is changing at my company & senior reps are being micromanaged like new hires. Seniors are quitting and being fired like nothing I’ve ever seen. Anyone else?

I think I may be getting laid off today: got a strange meeting invite for a call with my VP & HR. Any advice?

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Left PWC last year, I am a manager in top regional company , my VP and Director got fired 2 weeks ago due to re-org. Should I start looking? Would I get cut too?

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I took over a vp position (as a director) when they were fired from my agency. Now, moving teams and they have hired another vp to replace me. I’ve asked for promotion and received silence in return

What exactly does VP mean? Contractual obligation, reports to President? Can’t get fired?
What are pros and cons if any of a position like VP Creative Director, etc.

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Negotiating an offer and want a severance package included in the terms from the new employer. What’s a good number for a VP Strategy?

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I was sexually harassed (assaulted, specifically) at a work event more than a decade ago. The VP who did this was fired (I did not report; someone else reported). This VP is still in the same...

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How frequently do people actually get fired? In two years I've seen two associates and one VP get the boot from my BB coverage group. Typical?

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Just learnt that one VP in my client (ibank) suddenly disappeared (laid off). Which is very scary as her work is good, what is the most scary laid off story you have heard?

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Related Posts

Making a huge mistake at work today and I haven't been with the firm for a year yet. I feel extremly horrible. How do I rebound from this? Crossing fingers I am not getting fire/layoff

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Did EY announce anything about layoffs today?

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Tired of this constant grind and constant layoff situation in NYC. Thinking of making the move to LA. Any thoughts? Yay or nay?

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8+ people were fired at Booz Allen Hamilton Middle East today!
Wondering how other firms are doing!

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What do recruiters think of people who’ve been previously laid off at an agency due to loss of clients? Since it’s a common thing in this industry, does it cast a bad light on the applicant?

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Anyone here who works at ARCA in PwC? How is that group doing? Any layoffs ya'll have heard of?

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How do layoffs at EY work? I've heard of people being laid off...will there be more? Is it region by region or just an overall national thing? I'm a staff 1 and not sure how this all works

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Any advice for lateraling as first-year business lit associate? I’m not getting any work at my current firm due to partner hoarding and overstaffing. Can I lateral this early or should I wait until I’m inevitably fired for low hours? If I should lateral now, what reasons for leaving should I give interviewers? Should I tell the truth or will it look bad on me?

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We’ve been hearing about layoffs. Any companies you know for sure are in hiring freezes?

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Do you “like” or congratulate someone to their new job on LinkedIn that you fired from your team just prior? Nice / professional or macabre / rubbing it in?

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I just found out I’ll be getting laid off in a month. I’ve contemplated freelancing for a while but haven’t worked on more than 1-2 small clients at a time on the side of work. How do I know when it’s the right time to take the plunge into freelancing?

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Layoff folks, how are you guys doing? I'm DREADING the upcoming busy season being a new senior handling new clients in a new company...

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In today’s client meeting there were at least 5 times that I was imaging the following:
1. Interrupt the clients and say “shut up, that is the most stupid thing I’ve heard of”
2. Tell the clients in their face “you’re fired”
3. And tell the partner “Sorry, I quit”

But instead, I smelled and said “that is an interesting idea. Let us think about it and come back to you”

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Is it a good idea to leave for another firm/industry given the recent layoffs at other companies? Imagine better to leave for a larger firm vs one that is still young or a startup?

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I got laid off today and I’m scared

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How's PwC's Financial Services Advisory model risk group? Work atmosphere? Amount of travel? Pay? Did the recent layoffs hit this service line very hard?

Anyone else hear about layoffs coming for S& people with low bill-ability? Heard this from a PwCer...any specific industry or region targets?

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Who will be the first head coach to get fired in NFL this year?

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When does the recession hit? How will consulting firms conduct layoffs?

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Additional Posts

Anyone experience their LO’s going through sleep regressions around 1.5 year mark? My daughter has always been a great sleeper but lately she’s been waking up around 3am every night sitting up in her crib and crying. Once I go in her room change her diaper and give her water, she seems okay and falls pretty quickly back to sleep. Any advise and suggestion is welcome!

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Probably a dumb question but what does a 3 year tenure in a contract role mean?

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it is surprising that Deloitte India has asked a 3 months notice period for an executive position. Need some tips to negotiate this?

Also, they said 15,000 wfh allowance will be given on joining but included it in the salary breakup and divided the amount through the year.

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Inspired by the affair thread:

Has anyone gone on to LTR the cheater, mutually exclusively, and what was it like dealing with doubt/fear of them cheating again, or you having started as the Other?

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What's the best way to stay productive throughout the day? I often hit an afternoon slump

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I’m interested in switching to become a research analyst. Any tips on how to switch over and what skills are needed

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New to stock investing: Ally or Ameritrade or others as broker??

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Looking for an Job opportunity in operations - O2C domain, preferably cash application. Experience in years - 3 years 8 months. Current company - Accenture Solutions Current designation - Senior Associate Current CTC - 458000 Variable+ incentive - 73,280 Expected CTC - around 7 LPA (negotiable) Can someone suggest if any vacancies are available or refer me the best opportunity.

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Last minute Halloween costume ideas?

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Where do I need to send my tcs ID card. This is my last week in TCS and I do not have any other tcs asset.
@tcs

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I am stuck between two offers coming out of college. What do you think I should go for?
KPMG Enterprise Solutions - Workday Practice $85k + $7.5k sign on or West Monroe Partners Technology- Data Engineering Consultant $90k + $10k sign on

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How do people stay satisfied while their consultant spouse is traveling. Do you just wait, use the phone or self serve? Please I need advice

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What is the yearly percentage hike at EY gds?

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Any thoughts on $YFI and where do you think the price is heading?

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My god dudes and dudettes, how the heck do y’all live here? I moved here last year and it’s been 0 fun 0 action. What am I missing here?

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Hello Fishes,

Network consultant, YOE-12 yrs, Network design, implementation and Operations. Experienced in Cisco routing and switching, IBNS2.0, network automation, Juniper networks. Looking for job opportunity in Global Minded company in Noida/NCR. Serving notice perio. Available to join within 30 days.

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I was laid off Q4 2019. I'm hopeful something will pan out within the next couple of months. Severance has now ended. Wondering if I should apply for unemployment. Any downside?

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Hi I have been offered 12fixed for AC role.Is it too less my previous CTC was 8.I don't have offer in hand as of now.so should I ask more before getting final offer or should I ask more after getting an offer. Job profile is AWS+ Python .
YOE : 4.8

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