Does RSM offer severance pay for people laid off? Does it vary by levels? Not in audit and am thinking things may get rough as recession hits next year, so just curious. Most tech firms are paying 12-16 weeks severance but not sure if that applies to PA

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There is a severance policy with calculations on the intranet.

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big 4 firms (in advisory) are talking about bolstering headcount in lean audit practice with more recent advisory transfers.

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temp

Interesting seeing this because I just started the interview process for advisory.

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Well, they should be. As far as I know, those that are laid off from a company usually receives monetary compensation.

Def don’t think it will be 12-16 weeks. More like 4 weeks

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More like 2 weeks. And a legal release.

Ruh roh. Is this a guess or a definitive answer?

1-2 months pay used to be common, Id expect 1 month is more the norm these days.

Last time there were layoffs the severance was 4 weeks max

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