If you get laid off do you get severance pay no matter what? How much does it typically look like?

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

In the US severance is not required. Most companies offer severance to keep a good reputation but not all.

like

If you're in the USA, no, there is no law requiring severance pay. Many companies choose to offer a severance package to help their employees and keep a good reputation and relationship.

like

The norm I’ve seen is 2 weeks for every year of service

like

At EY, they only gave a week last go around..

Related Posts

AWS vs Cloudflare BDR roles

AWS lowballed but I negotiated to match Cloudflare. Cloudflare offers more equity but AWS has a higher base.

I love Cloudflare. The people are great but it’s an engineering culture and the sales team isn’t as well shaped up and I can’t go for a promotion until at least 18 months of tenure. I am an investor in the company and think of them super highly. I’ve already got half a years SDR experience and AWS promotes quicker.

AWS has prestige but is it worth it?

like

Do PDM analysts get performance year end bonuses and AIP?

like
like

Could someone share a typical pay band for a AE in San Francisco?

like

What's the variable % for an Associate Director role at LTI?

like

What is the salary range of employees working in Salesforce and having 8 years of experience ?
Got interviewed for MTS position

like

Hi Fishes, this is my first post. I have about 3.5 YOE in Pharma competitive intelligence. What is the average pay for my level of experience? Also which are good companies to work in Bangalore for CI/consulting in Pharma space?
Thanks!

like

I’m currently in the process of being converted from contractor to permanent. In my initial conversations I was under the impression that I was in a different pay grade and asked for a salary 25k higher than the max allotted for my position. I feel like it gave the impression that I don’t know what I’m doing. Any suggestion how I can recover from this?

like

1.Wipro will give any hike after completing probation period of 6 months??
2. And is there band change will happen after completion of probation period?
I have joined Wipro as fresher certified SAP SD consultant and my current band is TeamRainbow. Wipro has mentioned 6 months probation period on my offer letter

like

Software sales folks earning commissions based on MRR as customers are invoices- Do you get paid commission for deals you closed even after your employment ends?

like

Dad got laid off. Drinking got worse. Attempted assault on sis and mom. Had to put up in hotel. No clue on next steps (legal and personal). Project is complete shit show and SM is not getting it. Idk man...

like

How much percentage does verizon pay from variable pay usually and at what time of year do they pay it?

like

what would be the package that will be offered to 5 year experienced Devops engineer in Jio AI COE, last drawn package is 16.1 - 18

like

Any Newcastle fish know the (rough) current L9 salary for EPS resources?

like

I have got excellence review as "Highly Valuable".
What percent of hike i can expect with this review.

likesmart

What's the salary FIS can offer..I am currently at 55..This is for a PM role at FIS

like

Hi Fishes!!
This might be an unusual question for this group, but nevertheless I'll ask. Is it advisable to go for masters to US next year ( Aug-23 ) , considering all the recession talks and layoffs?

All/any advice is welcome!

Of the big 4 L&E, is it true Fisher Phillips pays the best?

like

Switching from commission to salary!

I’m considering a less sales-oriented role that doesn’t pay commission. The new role will have a higher base but lower overall earning potential.

What % haircut should be expected? As an example, if I make 100k (base + commission) today, would it be realistic to ask for 90k (10% cut) + equity to make up the difference?

like

What is the salary range for Grade 9 in India in data management department or operations of Market Intelligence?

More Posts

Below mentioned positions are vacant in my organization "Wissen Infotech " for both Hyderabad and Bengaluru locations. DM me for referral.

Post Photo
like

Hi, I have more then 2 years experience in Excel all the advance formulas and stuff as Jr. Analyst & Data entry Operator, Currently working as Customer Service associate in Amazon (2.8 LPA). Recently I have learnt basic SQL, R & Tableau through Google Data Analytics Certificate. Can I switch whith these skil sets or I have to complete some projects or Lear python for that?

smart
like

I’ve been in PA two years now, and I still don’t understand how equity accounts work. What should you know by now that you don’t?

like

Are you able to travel to different campuses as a tax associate in PwC. To network and such? If so, how do you go about this.

like

I applied for a position through a recruiter and made it through the interview rounds with the actual company and received a verbal offer, but haven’t heard back since. Am I able to reach out directly to HR for updates or does all communication have to be filtered through the recruiter?

like

Hi, all looking for a job change with good package.

I am 6 years experienced. A cyber security and information security professional with skill sets in, Vulnerability assessment and management, endpoint security, SAST, DAST, DevSecOps (1.5 years), AWS and Azure, ISO 27001 internal audits and OSINT.

Let me know if anyone can refer me.

Hi Any one please refer me to Deloitte Off-Campus Recruitment -Associate Analyst job id 1008.Deloitte

like

Anyone working in Optum, please DM

like

Has anyone here renegotiated their salary after a short time being in a role? I accepted a position and I like what I do but I realize that the workload requires a lot to see success and I feel a bit burned out already with my 40 hours/week and occasional extra 30 minutes to an hour a day.

I am stuck between putting in my time and showing my value and asking for an increase to validate doing so to avoid job hopping after a year or so.

like

If someone joins a company at a high level within the firm but at a relatively much lower salary than peers at that level....... Does that reflect poorly on the individual?

like

How does IT SOX audit in industry usually do during recessions?

likehelpful

I joined fishbowl a month ago and while I’ve seen a couple contentious debates but I must say I’m pleasantly surprised at how respectfully ppl comment on this app even when disagreeing. Usually anonymity on the internet brings out the absolute worst in ppl; they type things anonymously that they would NEVER say in person smh. But I really haven’t seen horrible comments here. I wonder what makes this app diff frm others?

like

Is there a way to know your business unit prior to joining in techM?

Anyone from big4 has experience in having its H1b transfer filed within a week after accepting the offer?

like

Who is planning for next year's draft?

like

Not my text. But for real.

Post Photo
likefunny

Recently laid off from a top 10 firm in LA after 7 years in PA. I’d been with the firm since college but now not sure whether i want to try and get back to PA or pivot to private or something else. Really trying to figure out my plan but feel so negative towards everything job-related. any suggestions where to begin? I need to find something I semi-enjoy since It’s unlikely I’ll marry a rich husband or win the lottery before my savings runs out.

like

What’s a “science fact” that gets shared around that is very much not true?

like

What's the weekend plans ?

likefunny

Additional Posts in Accounting Exit Opportunities

What are some of the more common exit jobs that audit managers take?

like

How hard is it to get into an investment bank for risk? Doing market risk related work (FRM)? And what kind of salary would you be looking at from entry to associate (senior) level ?

like

HCOL audit SM looking to leave big 4. What should be my comp expectation?

like

Is there a role for a CPA that wants to get into data analytics? Senior audit associate now that wants to exit to get experience with SQL, Python etc. but don’t want to start all over. What roles can I look at where I could leverage my CPA experience but still learn about analytics?

like

Can anyone working for DT’s ARA or PwC’s CMAAS tell me what does their job specifically include, hours and exit opportunities?

like

Is equity research a possible exit opp from audit?

like

Has anyone with a CPA from IT Audit roles been able to make their way into a financial consulting role without referrals/MBA?

like

Hit me up if you want me to refer you for a pwc role 🙏🏻🙏🏻🙏🏻🙏🏻

likefunny

Expecting an offer this week or early next week, but want to know when you start negotiating the salary? When you receive the call from the company or wait until receiving the formal offer letter? And how should the negotiation start? Through phone calls or emails? Didn’t use recruiter for this position, so I don’t know what is the process here.

like

I’m in my 2nd year in audit. I want to pivot into management consulting within a big 4 or MBB. Has anyone seen someone make this lateral movement? I’m not sure how feasible that is and what steps to take. I’m also down to discuss further with whoever is comfortable in connecting.

like

How much would the expected salary be for a Senior 3 in NY TAS be at EY?

like

If you’re working with 2 different recruiters in your job search, do you let them know you’re working with another one (just in case they have any overlapping opportunities) or do you act like they’re the only recruiter you’re working with?

like

Currently a new S1 thinking about taking a FP&A role. Is going from Senior to Analyst not Senior analyst a bad move? Mediocre raise in salary (3k) but well known company with a flat structure

like

Had an interview yesterday and the interviewer wanted to understand what I did - even 1 month gap between jobs - from 2009 to present 🤪 Not interested in the job anymore tbh

likefunny

Which one is easier? Join FDD from FAAS or Audit?

like

83k in industry senior accountant, is that bad? When I said $90k they said they can’t do that and told me $85k is absolute max. Should I keep looking?

like

What questions should you ask during a phone screening with a recruiter?

like

Anyone pursued a MSL in Taxation degree? Did it open up additional opportunities? Trying to get into tax planning/structuring but don’t have a JD (not interested in practicing law). Currently CPA/MST.

like

Anyone gone from PA to CBRE ? Do you like it ?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal