Hello CD/ECDs. Are there any tips on how to negotiate severance pay?

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

At the start of your tenure or the end?

funny

I requested 3 months and had it written into an agreement. Smaller agency in a region with fewer positions available to bounce to at a senior level. They paid out in less than 18 months which is exactly why I was glad I’d insisted it be put in writing.

like

I asked what their standard severance was (2 weeks) and due to “these unprecedented times” asked for one month in exchange for giving one month’s notice if I decide to leave on my own terms. They agreed.

like

Ahh, super fair!! Very helpful. Thanks!

Get a contract lawyer, but don’t let anyone know you’ve got a contract lawyer. They’ll be able to spot opportunities and issues that you never would. It’s worth the money.

Can you reco a contract lawyer by any chance you have used?

Related Posts

Is this the week I get laid off?

like

So...thoughts on the rumored Uber layoffs?

likesmartfunny

Did havas just have layoffs?

like

If you come on at Morgan Stanley and fail the series 7 and get fired, can you apply to other locations after a certain amount of time goes on, or will they never allow you to get back on with them?

like

Too much of a bitch to quit. My side biz is booming but I'm too risk adverse to go for it. Almost want to just get laid off - Exhausted from working 2 jobs. And no they aren't related to each other

like

My ey office was crushed with layoffs a few weeks ago. Did anyone else get hit?

like

Just found out my manager (who many people are frustrated with) got a rating of 2. Does this mean she may get fired? If so, when would that happen?

like

Has anyone ever heard of a biglaw junior associate being fired because of their work product. I am a second year who recently transitioned from insurance defense to commercial lit with a big law firm. I’ve been here for a couple months and my work is still getting torn up by partners and senior associates. I’m concerned that my work product is not up to standard. I’m working hard and trying my best but this is a totally new area of law for me and I’m having a hard time catching up

like

I’ve been off my last billable project for about a month, but my firm has had me putting in full days to work on important internal initiatives and business development that are being taken very seriously, and that include deadlines, etc. very similar to the work I’d do while on a project. Is it likely I’ll be laid off if this continues for another couple of months? How long do you think my firm might let me stay employed like this if they continue to have this much non-billable work for me?

like

How is the business going for all you consultants? Are your companies getting new projects? Any layoffs ?

like

Are the layoffs finished? Or are they still going on? I am trying to figure out if I in the green for now.

like

Has anyone negotiated a clause where you can’t be fired/laid off for a certain amount of time after starting a new job?

like

What are some signs that you’re going to be laid off soon?

like

That awkward moment when a random all staff meeting is called >24 hours before. Who’s getting fired or promoted... reckon I won’t be sleeping tonight. And it’s been one helluva rough year...

likeuplifting

Does anyone else feel like they’re consistently having to prove themselves every day? I don’t mean usual “trying to go above and beyond at work” I mean the nagging feeling that you might get fired if you don’t accomplish every email task or chat request that may or may not be directed to you. Constantly anxious at this job.

like

90% sure I’m about to be fired for sexual harassment (more detail in comments). Should I resign before I’m fired?

like

There was a payroll error and my severance was significantly overpaid and now they want to correct it. Am I obligated to return that money?

How's Edelman NY? Getting hit up for Health which I've never done. It'll entail moving from advertising to PR/earned creative as they call it, and the Health category. Didn't sound like hard sell pharma, quite a bit of branded video content. I searched on FB, sounded mostly negative culturally (employee fired during Pride month, political, creatives better watch their backs, climate denier) with a few who love it. Figured I'll ask if anything's changed, if it's even worth ... considering.

like

Do we think we are clear with the layoffs?

like

Few years back, I heard from the inside Ogilvy Chicago and VSA formed an anti-poaching agreement to not hire each other's talent. I said nothing, taking no chance getting my source fired. Illegal?

like

Additional Posts

Anyone know of any good articles addressing the COVID vaccine and breastfeeding. Trying to decide if I should get the shot and continue breastfeeding, get the shot and stop breastfeeding, or wait until she’s 1 and done breastfeeding to get the shot.

like

Planning on taking 2+ months shared parental leave. Can’t wait to have that length of time with my family, but also pushing for promotion at the same time. Any advice on how to play it/communicate it?

Wanted to share a revelation with my fellow high-stress fishies. I used to take work so seriously that I’d toil late hours into the night and miss out on valuable time living life. I almost took medical leave my health was deteriorating from stress! Now that I have a spouse in medicine, I hear about his work with pediatric cancer patients every day and it REALLY puts things into perspective. Just a reminder to show up, do good, and don’t sweat the small stuff. We aren’t that important 😉

likeupliftingsmart

Is it worth it sticking it out til July for promotion/finishing cbd program to use salary as leverage for a new role? Feeling pretty miserable but don’t want to make a rash decision I’ll regret

like

Thoughts on buying a rental property right now? Nobody can predict the future, but curious to hear if anyone has any data points or hypotheses one way or the other. Southeastern city, hot area.

like

Does title in consulting matter when it comes to exiting to Industry? For example, a director level position requires 15 YOE, if a senior manager with 9 YOE applies, does he have a better advantage over a manager who has 25 YOE?

like

Why is everyone applying to Slalom Consulting? Is it because of good WLB? I heard their work is mostly staff aug

likefunny

It looks like I’m going to go 0/3 on my MBB apps :( Where are the next best consulting firms to go to assuming that my primary goals in no particular order are MBA placement, compensation, project/industry variety, and ability to be promoted quickly?

like

how long is maternity leave at Deloitte and what is the pay?

like

Based on your experiences working at or interacting with MBB, what notable differences are there in their culture/people, work, and work-life mix?

like

What would you do if your target company is not willing to start an exploratory career conversation with you about what roles may be a good fit, unless you first share your expected salary range?

like

How is it possible that’s someone in my mba program has a mckinsey interview already without even starting school yet?

like

Now if you’re on a Pepsi shoot you don’t have to worry about what kind of OJ is on the breakfast truck. Hooray! Before you say, well, it’s a Pepsi shoot, of course they should have only Pepsi Co products. Instead of thinking about the actual shoot ahead of me, I’m stuck worrying about craft services, catering, and asking the hotel to swap out their mini bar. Production lead time and budgets have shrunk. I’d rather get the details of the actual shoot right instead of scolding crafty.

Post Photo
like

My flight from DCA-> TPA literally just had to abort takeoff to let a 12 year old boy deplane. Ready for a damn drink!

If anyone wants an FDD referral at EY DM me

like

I never thought I’d say this - but I have cancelled my trip to the Modex industry show in Atlanta next week out of an abundance of caution over coronavirus related to elderly relatives.

likesmart

Is this the week I get laid off?

like

What salary is expected for a senior associate/consultant at EY Parthenon in their strategy/financial services practice?

like

London EYP 🐠 : is EYP currently hiring at SM / Associate Director (or equivalent level) in London? Also what are the levels please? TIA

like

What kind of salary should I expect in London with 1.5-2 years experience? Planning a move and trying to figure out what to ask for/how to budget. Would really appreciate any insight.

like

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

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.