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I gave interview in Amazon and cleared all the rounds , then went on hold and still on hold due to hiring freeze in that departement. HR does respond and update me when reached out.
Interesting thing which happened here is iam cracking each every product based interviews now after my tough preparation for Amazon and getting higher packages than what Amazon would give. So whatever happens , happens for good. Cheers Amazon
Don't be sad that you couldn't get through a FAANG 🤙
Ouch... this Kennedy speech.
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It sounds like this is voluntary on your part. If that's the case, you're not really entitled to anything.
Rising Star
Honestly there isn’t really a standard in the agency world. I’d be pretty happy with a month. Doesn’t hurt to ask for more though, especially if you tell them you’re available to answer transition questions during that time.
Honestly? Because you’re parting ways voluntarily rather than being laid off, that severance is not mandatory and was in fact pretty damn thoughtful.
Larger holding companies tend to have stronger guidance around severance (x amount for x years) but note “tend” not “must.” You can always negotiate for more, no harm in that.
There’s no law here or something to protect you. Some people negotiate severance terms into contract, especially at the senior level. But if you don’t have that your options are: 1) find out how much they have paid others in severance. Ask those people how much they got. Even if they were only there 2 years and got 2 weeks, you could cite that as a kind of precedent and in the spirit of equity you can ask for the same (so 5 weeks for you. 2) ask for more (2 weeks per year is about as much as is reasonable in this case) and appeal to them in the sense that you are planning this together, you are supporting the transition on a timeline that helps the company not have issues, etc.
Unfortunately everyone above is right. There really isn't a standard. And because you are leaving voluntarily they are doing a favor to you by providing you anything at all.
Not to sound like one of those people, but you're probably very lucky to get the 1 month. This might be the first time in a while that I've heard of anything related to a severance package.
Chief
What Accenture1 said. There's usually no severance if you resign. Do you work in America? I'd take that as a win.
Rising Star
Not giving you raises or promotions is not the same thing as effective dismissal, so you wouldn’t be entitled to any severance.
That said, usually if you push back, most companies will give you another 2 weeks or a month on top of your severance offer to avoid any legal headaches.