Has anyone ever successfully double dipped? About to get laid off with severance and got an offer letter elsewhere. Will the agency I’m getting severance from find out? Also - 2 different cities.

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

Isn’t severance something that is earned because you are being laid off? You should be entitled to it even if you find another job faster than expected

like

These are not related things! Your severance is a voluntary compensation by your company for dismissing you. It's not like you're receiving unemployment benefits from tax dollars while also being employed.

like

I did it and nobody was the wiser. Just don’t update your linked in until severance stops.

like

Try get he severance in a lump sum. That way it's in your account no matter whether they find out or not.

like

It’s not unemployment...it’s severance. Your ties to current role WILL be severed — regardless of whether you’ll actually ever be unemployed

like

Are they under the same holding company? I think that's the only way it would be an issue.

like

^Yeah. Check the paperwork. Pretty sure there isn’t a clause about getting new job. It will affect insurance maybe

like

Makes no difference

like

The severance is your hush money to sign the document that gives away your right to sue. (If you disagree, see if you can get severance without signing any paperwork). This is not double dipping it’s getting compensated for signing their bullshit hr docs

like

in my experience, severance was positioned as a bridge to help me land on my feet, and it was meant to end when I started another job. I was asked (with a wink) to inform my previous employer. but the only way they could have found out was if I told them. Which I did not and my bank account still thanks me for it.

like

It’s almost always in the paperwork that if you get a new job, you’re supposed to alert them and stop receiving it. However, only way they would find out is if new company called the old one to verify employment or check references. Just play dumb, keep quiet, and you’ll be fine. People on this thread are confusing unemployment with severance (where legal issues and a tax form would come in play). You should absolutely stop collecting unemployment once you start a new job.

like

With freelance I have

like

Definitely read the paperwork.

like

Not the same holding company.

like

@OP you should be good then, just don't tell anyone.

like

At our agency it's called "bridging salary" instead of "severance" and if you have any income before it runs out, legally you're supposed to notify them and they subtract what you earn from the amount they pay you.

like

I was lucky enough to do that once. It was great

like

I've always heard once you file another tax form your first company gets notified.

From my recent paperwork, you won't get severance if it's under the same holding company. If you get a job elsewhere within the time you're receiving severance they will deduct your new salary from your severance and give you the difference (that's if they find out. And I'm not sure how they would even know your new salary - but that's what it says on my paperwork)

Related Posts

WFH still unclear and layoffs last week, but sure, send an email about executive level promotions. An A/S person who lost every acct they had in the 8y I’ve been there.

likeupliftingsmart

Laid off after Thanksgiving. 54. Not done yet. Plenty to offer. In Detroit but ready and able to move anywhere. AD/CD. Hangin in there. How bout you?

like

How bad were the layoffs at Pub NY? So sad

Just got benched, been completely billable till now, how long until I should be worried about potential layoffs? (Even though management is “committed” to not letting people go during covid)

I was fired from Accenture as an analyst about 6 months ago. I have been looking for jobs, but keep getting rejected. Any guidance?

like

Are there any layoffs in deloitte usi? Deloitte don’t have projects?

like

Hey fishes, I got laid off yesterday and am looking for opportunities in Bangalore as an Associate Product Manager or Product Intern.

If anyone has relevant referrals, internships, or entry-level positions for product manager or maybe just pointing to the right person to have a quick chat to learn about how the company is organized and where I would fit down the road would be of great help.

Thank you in advance for any recommendations, advice, or opportunities you can provide.

like

Is anyone from the agencies in this bowl open to making a referral for a graphic/web designer? My boyfriend worked for a small events agency and everyone has been laid off due to cancelled events from COVID.

like
helpful

Did any of the Big4 start furloughs or layoffs in US?

like

Hy all,I am currently looking for a recruiting company or individuals who outsource product management jobs as it has been hard to get a job on my own. I just recently got laid off and have 3+ years experience in product management and scrum. I am interested in fully remote jobs for now. Please point me to the right direction l. Thank you

like

I just fired our 2nd digital agency because they over promised and seriously under delivered. How do I find an agency that I can trust to do the work we’ve agreed to?

like

Any idea what EY severance pay is (in general)?

Advice Needed: Last month I was laid off from work, however, since have been able to secure another position with another firm (located 90 minutes from my house in a more rural part of the state) doing real estate closings. Aside from the commute and the work (not incredibly fulfilling or challenging) the job is fine. I do consider myself incredibly fortunate to be employed during these challenging times.
Do I aggressively continue my job search or wait until the beginning of the year?

like

Hello All.
Yesterday was my last day. Anyone else form ITS get laid off?

like

Can you get fired without any previous conversation about performance? This would be after being promoted to senior, so currently a senior 1

like

Shots fired by Pepsi. Not mad at it.

like

Anyone feeling nervous that layoffs are coming with the US restructure?

like
like

More Posts

Can anyone recommend a classic high heeled boot? Looking for something to wear with tights/dresses

like

Is anybody earning 130k in bay area as a Audit Senior associate ?

like

Does anyone have expertise in how risk is calculated and measured by corporates before they engage their insurance broker?

like

What will be the take home salary at HCL Technologies with 23,00,000 CTC (21,70,000 Fixed+ 2,30,000 Variable) considering I invest the entire 1.5 lac for 80(c) and 50k for NPS?
YOE- 8.5 years (NoTech Stack- Consultant role)

like

Have anyone got offer letter after "Owing to business reasons we foresee some delay in processing your candidature" shown in the portal?

like

Who does the ad work for Ashley Madison? Is it done at an agency, in-house, or a brothel?

like

Is leaving my current (and first) job after one year something I shouldn’t do? I took the job because graduation was looming and it was my best job offer

like

Who is looking for a new sales opportunity?
I have openings on our sales team. High intensity environment, startup culture. Great for someone looking to build new skill sets or recent grad looking to move into sales. Holding brief 10 minute calls to go over more details. $60K base, full benefits, uncapped commission. Must be NY based. Comment if you’d like a DM to discuss more

like

Does anyone know how long the hirevue videos last for Goldman Sachs? Because when I did it I was very much a beginner and if I do it now I can do it much better. I just don’t want my beginner side to be looked at when I am much more advanced in my talking and technical skills. I know JP Morgan the hirevue makes you do new videos every 6 months

like

Got contacted by a recruiter with Grant Thorton, do they have a strong Healthcare presence? Anyone familiar?

like

Anyone willing to refer me to Goldman Sachs? (Analyst position in Europe) Thank you!

like

I always hear of small time accountants telling their small business owners to purchase a vehicle by year end for the write off. I assume that is wack right?

like

Hello,
I have cleared the telephonic round and just got a call from HR stating there are 5 rounds ahead.
First 3 on Job experience and consulting and Risk management.
And next 1 with HR and last is bar racer.
Could you please elaborate what will happen in these rounds. Will be really helpful 🙏

The role is for Industry Specialist- Governance & Information Security

like

So...how can we teach kids to value education when their parents don't?

like

Looking for some east coast non-union production company reccs

like

What are firm’s known billable requirements? Is there a ramp up period?

Any one wrote the gmat a few years after getting their CPA? How long did you study for the gmat?

What's your favorite restaurant in the DMV that nobody else is talking about? For me, it's Mele Bistro in Rosslyn.

like

Hello amazing PMs 👋
Amazon Senior PM role (L6) - What should I tell the recruiter as the expected total compensation? Also appreciate any tips / materials/ books for clearing the interviews

like

Just started a new job as a claims processor. ALOT of new information, any tips/tricks/advice?

like

Additional Posts in Advertising

Anybody work in the Birmingham Alabama ad scene? I am a fan of some of the agencies down there and would love to chat.

like

How much money do you guys owe on your credit cards? I am at around 15K, is that completely outrageous?

like

Two years in the game and im quitting it for product design. Peace the f out, advertising 👋🏼 (Your beer taps were fun though)

like

Ghosting feels almost like gaslighting when you have a delightful 30 minute phone call with a recruiter, then they don’t reply to emails for two months. Am I crazy? Did I imagine it?

like

Does it feel like we are in recession? Asking for a friend

like

How can I meet people in Chicago’s ad scene? I’m new to the area.

like

Metaverse: Because what VR really needed is Dropbox, Instagram, and Slack with Mii avatars.

like

Anyone have details on working at dentsu creative?

like

Is it common to request either a time guarantee (2-year contract for instance) or a greater than normal amount of severance when interviewing for roles in times like this?

My current role is pretty secure, so besides increased comp, I’d want to make sure any new role would include some sort of safety net.

like

I'm trying not to take it personally that my creative director rewrote every single line I wrote in this pitch...Planning to ask for rationale but I hear this is "just what she does." Thoughts?

like

Alright, what's the story behind the peloton ad trainwreck?

like

What do you do for input? How does your lifestyle support fresh knowledge and creativity?

like

Anyone on here practice the pomodoro technique? Huge procrastinator and need tips on how to manage my time better.

like

160over90 NY? They have a Jr. AD opening and I don’t know much about them but I just applied. Also if anyone currently works there and likes it wants to help me out Dm me :)

like

Why are things so slow in the summer? I can’t bare it.

like