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Coach
Hedge fund or VC route?
Additional Posts in Salary Negotiations
Can anyone share their experience with an ESOP?
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Coach
Are you still on paid notice? If so, you’re technically an employee.
Personally, I don’t know I’d broach it until the conversation is done. The recruiter I think will still be in your corner, but if you don’t mention anything and get the new job - it really doesn’t matter.
My advice is to wait and see what happens. If you don’t get this job, tell the recruiter what’s going on. And if you do get the job, tell the recruiter after all the papers are signed.
You need to look after yourself and in business companies look after their own interests first. I’d negotiate as normal and don’t post anything on linkedin, negotiate as if you’re still employed. You want the strongest position possible while negotiating.
Good luck, you got this!
This is the right answer ^
Don’t introduce unnecessary complication where you don’t need to and you’re not doing anything illegal here. If you were interviewing 2 months after the layoff and lied about it - that would be a different story. But this is a totally different situation. Nail this new job down quick. If this had to happen to you - this could have been the best timing for it tbh. Just breathe. You’ll be fine :)
Do NOT tell them, just accept and keep it pushing.
No need to bring it up, sounds like you are close to landing this anyway
They don't need to know that you have been laid off
Don’t say anything and get your severance pay. That’s how you handle it.
Thanks for the quick responses. Very helpful.
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Many years ago, I was told by my immediate supervisor that I was likely to be let go, and at that point I had interviewed and was a leading candidate for another position. I did not mention anything to the new employer, and by the time I was to speak to upper management, (likely to be let go during the meeting), I had the new position. At that meeting I informed upper management that I was resigning for the new position. I was never laid off or fired since I was leaving anyway. I agree with the others, you are still employed at that point and there is no need to tell the new employer about the pending layoff.
I wouldn't say anything about being laid off, since you just said the background check will let your new employer know about it anyway and ask for what you think they'll give you +30% for negotiating wiggle room. Make your moves from a position of Power as they dont know who you are. So show them
Nice