{ "media_type": "text", "post_content": "Curious to know what the other firms' severance policies are.", "post_id": "572c279989937213009e8aad", "reply_count": 5, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

Curious to know what the other firms' severance policies are.

like
Posting as :
works at
You are currently posting as works at

There are multiple grounds you can negotiate against. The main one is waiving your right to future litigation against the firm. Basically you try to work out a deal to get more benefits added to your package of you sign a a document waiving your rights to future litigation. Here is a good article that goes into more depth. http://www.forbes.com/sites/susanadams/2013/04/12/how-to-negotiate-severance-3/#62683224f49f

like

It all depends on years of service, level, and reasons for severance. Example would be junior level tends to get 8-10 weeks while management level gets 10-12 offered. From there both parties tend to negotiate based on the circumstance (multiple people being let go, on off being let go, etc). Typically there aren't policies in place the severance offered is based upon the situation at hand.

Oh,i didn't know you can negotiate severance package. On what grounds your employer would allow to negotiate? As in it's not like salary negotiation that they want your skills and desperately want you to join their firm. It's more like we don't want you, and why we should pay you more?

Good to know, thanks Manager 1

Some companies like DEloitte don't even negotiate

Additional Posts

I’ve been in consulting for 2 months and I just got approached by a recruiter for a job paying twice what I make at BCG. Wtf lol I have no idea what I’m doing why are you offering all this money?

likefunny

How can we avoid using our new AMEX corporate card? Let's brainstorm together.

funnylike

Big 4 PPMD to accenture MD - pros and cons? Differences?

like

Trying to find WiFi, seating, outlets and (ideally) a coffee under $4 in NYC feels like the hunger games. Any recommendations for where a freelancer can get shit done?

likefunny

What do you wish you had done/did do to make yourself a better applicant?

like

Hello! I am looking to break into the SaaS world as an AE, AM, or BDR. I am a multi-year President's Club Member coming from the telecommunications (Verizon) industry. If you or anyone you know is currently hiring, I would greatly appreciate the introduction!
Sincerely,
An organization's future Top Producer

like

Where does a man go for a nice - but not overly expensive - haircut in downtown Manhattan?

like

How long will it take for Tech Mahindra to allocate new joined employees to projects ? It's been over a month since I joined the company. Should I start searching new job ?

like

Anyone have experience with CBD for sleep & anxiety? There are 1:1 to 20:1 CBD to THC ratio tinctures, gummies, etc., any recommendations? Or anything else to consider?

like

Is everyone eligible for Cap Gap upon receiving approval of their H1B? Should I take to my college advisors?

likesmart

Anyone ever tried taking a pillow or other hotel accessory?

What are typical in house salaries/ranges (for a 6 year big law associate in NY market)

like

Is there any good places other than Craigslist to look for a sublease? The scammers on Craigslist are getting really sophisticated and I haven’t had any luck there.

like

Does BCG do offcycle/non super day/one-off final round interviews? I had my final round date pushed a month due to “firm commitments” and wanna try and expedite my process

like

How long does it take for USCIS to generate receipt numbers for H1b transfers?

like

Has anyone tried this? The reviews make it sound like a miracle elixir.

Post Photo
like
like

Does an agency exist that has wet wipes in their bathrooms? If so, where do I apply? I'm wildin up in these stalls.

like

Hello! I’m new here. Can I please get likes so I can send a DM? Thank you!

like

Back seat sucks at times...

Post Photo
likefunnyhelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or

General

Legal