Newly laid off with little in the way of prospects due to the economy. Does anyone have advice on negotiating a severance package or hiring an employment lawyer to do so? The company I worked for have a very poor package (two months pay for 8 years of service).

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

I’m so sorry to hear this news. Your package sounds commensurate with the agency standard of one week for every year you worked there. There is no safety net for workers. I know I’m pointing out the obvious but sign up for unemployment benefits ASAP - and most importantly, don’t give in, don’t give up and don’t allow yourself to feel despair. Honestly, I believe there is hope and I truly hope that you’ll look back one day and realize this situation led to your next amazing gig. Good luck to you.

likeuplifting

Tenure is so overrated.

You got the standard package. Neither good nor bad.

People: stop staying at agencies so long. Your dumb loyalty is not rewarded. It’s a recipe for being underpaid and it doesn’t get you much at all when they eventually lay you off.

Plus you’ll just have less experience at the skills involved in finding and getting a new job.

likesmart

Have moved on and am glad I’m out of that cesspool

Recent IconRecent

Sorry to say, but they really don’t have to give you any severance at all. It’s not a law. And they only do it to avoid lawsuits and badmouthing. Which is why to get a severance payment, you must sign an agreement saying so. But don’t take my word for it. Any labor attorney will tell you this during a free consultation. That’s how I know.

likeuplifting

Cobra is a big one. Have them pay for it. You do not want insurance to lapse or if you have been treated for anything chronic you are screwed.

likeuplifting

Oh my god that is terrible, I’m so sorry.

like

Following here. I was also laid off yesterday.

like

They expect you to negotiate. Get a lawyer. Have them draft a letter with the amount you want. There is usually some back and forth but they will at min give you an additional month. Ask for COBRA coverage too.

like

When I said “ask for COBRA” I meant ask that they pay your COBRA.

What state are you in, employment lawyers don’t usually take small cases like this and even if they do you’d have to put down a $5,000 retainer at minimum.

like

I’d call around and see since NY has laws in favor of employees, just be mindful of the up front cost to do this.

likeuplifting

It depends on your tenure. It’s going to be tough. I employed a lawyer for this same purpose and even if you have a smoking gun in regards to workplace harassment, everyone is in the same boat with covid and the options of winning are slim to none. You don’t want them to get pissed and revoke the offer.

like

I only got two weeks and was given one week 😑.

If where you work is New York State, even though you sign up for unemployment right away, you are not eligible to collect unemployment until your severance is used up. In other words, even if you receive your severance in a lump sum, it is prorated over the amount of weeks based on your salary. That means if you receive eight weeks severance, even in a lump sum, you cannot receive benefits until your ninth week of being out of work. Just FYI.

Pre-Covid I got 7 months for 5 years, plus all the unused vacation days/sick days.

You should check your company handbook. If you can find more people screwed over in a similar situation, collectively you can get a lawyer for a class action suit. More cases the better it is for prosecutors.

Ugh I wish I would have saw this! I got four weeks but thought that was generous for being there less than 2 years

Related Posts

Having tough time deciding between IB & Consulting. My thought process: I have a "better" background for IB (TAS/valuation) and with tech layoffs, this might push more potential would-be tech applications to pursue consulting (there by increased competition)? Additionally, you can do IB intern and full time consulting but not vice versa. I prefer consulting, but IB seems like the "safer" option? And if consulting does get hit hard, I would hopefully have a full time IB offer via internship.

like

Guys.... I need some help
I returned back from Germany this year and now my current fixed CTC in India is 25 LPA and my in hand salary after deduction was 1.4 LPM, I was not sure what to opt in the Tax regime and selected new tax regime. Can someone shed some light how can I increase my in hand salary and reduce the tax. Also can I change my tax regime while filing Tax returns?

Is it normal to have 60k deductions(Tax and PF) for 2 Lakh salary per month?

like

Can someone inform me of the average salary for a Workday HCM Recruiting Functional Consultant - Sr. Associate @pwc

like

Hello, I’m currently looking for a non clinical position in the Charlotte area, more in the public health field. Does anyone have any referrals or info on any jobs?

Hi Fish,

I am currently working in non tech as an analyst. I have learnt SQL AND Data warehousing concepts. I am thinking of switching to any data related role Data Analyst/Data engineer. Appreciate your views/thoughts on this.
Should I have to learn some more to switch or should take up any real time projects to start a career in the above mentioned fields.
Overall experience: 3y
CCTC: 4.2 LPA

THANK YOU

like

Is it possible to jump from implementation manager to product manager, and if so, what should I do to prep for the jump? Is it easier between companies or within? And (maybe I’m pushing my luck.. lol) but what’s the difference in salary progression between the 2 paths?

like

Hi folks. Any idea of what the salary band is for a senior consultant/senior associate at a big four consulting firm (PwC)? Foreigner looking to get insights on going rates in London and don’t want to get low balled.

PwC

Hello Bowls,

Three Months back, I gave interview for Infy and got selected after that I got one offer from another company with very good pay so, I have to tell infy that I will not be joining. The same thing happened for me in 2018, Initially I gave Interview for infy got offer from them after that I joined in TCS. If I reject the offer now, will they black mark my profile by not allowing me to join in future. Also, what I can tell them for offer rejection. Thanks.

like

How does below compare with regional comp for big4? Considering the salary progression and 1/2-bed flats in London being ~£400-500k I can’t see how it’s feasible to ever own a place until SM grades by which point most will be in early/mid-30s...

like

Referral alert! CGI

👋 Hello Fishbowl Family,
To view all open positions, visit CGI Careers: 
https://bit.ly/3xw9yIR
Interested candidates can DM or send a mail with updated cv: bikash.jena@cgi.com for referral.
You can also fill this form: https://lnkd.in/gPjB4aWW
Important :
1) Referral != Shortlisting/Interview
2) It takes time to refer, please be patient as I will go through all the referral requests.

All the best!

Post Photo
like

I'm a Microsoft Power platform Developer, looking for the referral. I'm interested to work in any company for this role.

like

Ratings on three projects - 3,2,2. Utilization - 90%... Proposal hours - 15... Firm activities - 43 hrs... I then get a YE rating of 4 😕 ... How worried I should be regarding the layoffs???

like

Looking for a job for one of my friend for Visual designer/Digital illustrator role. Kindly let me know in case anyone is hiring for the same !!
Work exp : 5 years
Current location : Bangalore

like

Hello All! I’m strongly considering a management position with Penn Medicine. I would love some feedback. I left my last company because of work/life balance. It’s essential for me. Is the money worth it? Any help would be appreciated.

like

What is the average compensation range for Staff software engineer in mckinsey digital...having 12 years of experience in Cloud and DevOps technology.

like

Does anyone know the salary for a private banking operations associate for Morgan Stanley?

like

What would everyone think would be a good salary for a senior manager of digital product and strategy for an established fintech company? Comparably has 179k base as the median. Recruiter mentioned 173 as their all in top.

like

Going out on a limb here. T2 strategy house looking for referral to BCG. Any bowlers willing to support. Happy to chat about qualifications and who I am.

like

Waiting on offer from Deloitte for Cyber Digital Identity Manager - Microsoft Azure Active Directory
7 YOE
Present TC- 130k
What is the ideal salary ask for this position and joining bonus at Deloitte ?#it

like

More Posts

Adobe Front end Roles

Post Photo
like

Working from home in customer support provides so much flexibility as a stay at home mom. I can take care of the home, my babies and work without feeling guilty ….talk about mutli-tasking!

like

Hi fishes, do you get paid by the hour or receive a salary?

like

It’s time we collectively stop agreeing to be abused by customers just because management thinks we should.

like

Need some likes to dm people. Please help

like

Can anyone please refer me for an auditor position at FINRA? I can share the job description and my resume accordingly. Please help anyway possible. FINRA

like

I’m at Withum, a public accounting firm, and the company is currently hiring a range of positions from entry-level staff accountants (audit and tax) with a start date of November 2023 to senior managers.
Withum is ranked 22 in the nation by INSIDE Public Accounting and also received many other accolades (Forbes, Fortune, Vault, etc.). I want to help people out, so if you are interested, please shoot me a message!

like

Is there a UX designer in Australia interested in a role in an agency? It’s just me at the moment so you’d be the first hire. I need help as my clients want more and I’ve got a waiting list!

like

I’m one of the top performers in the company and got invited to the company’s emerging leadership program. I always meet all my goals and deliverables on time but still feel like half of the time I’m not even doing anything (or performing my best). How do I leverage this ‘off-time’ into something productive in order to progress faster?

like

Anyone else have a need to exercise daily? A lot of people judge me in a negative way and in reality it is because my ADHD brain needs it. 1) the consistency for schedule 2) exercise can help tone down the symptoms before I sit down for the work day 3) it is the only thing I can control to make it look like I am not a mess (disorganization, interrupting) - basically trying to stay in the game at work based on perception of “having it together”. Just wondering if anyone faces the challenges.

like

I’m a man living in East Village, does anyone know where I can get a facial (spa)?

like

Why is the ad community in London so cliquey?

like

Deborah Chow with the grand slam on Kenobi episode 6 - that is all, a must watch!

like

What engineering fields have the most opportunity for someone who wants to travel as part of their job?

like

I found one of my coworker's anonymous Twitter accounts, and it has a ton of red flags involving bigotry, sexism, etc. It's a personal account, so should I mention it to HR or not?

like

Hello Fishes and Sharks, I am looking for job referral in PwC for the Job ID:298018WD for Identity and Access Management profile. I'm currently in notice period which is ending this month. I'm currently working in TCS with 2.5 years of experience. Looking for similar role in Deloitte EY Accenture Infosys ZS Associates Newco IBM Cognizant any other respected organization.

like

What causes a coin to suddenly spike 100%+ in value in a matter of hours? I mean how does demand collectively sky rocket - seems unlikely that so many people would have a coordinated buy?

Currently a 2nd year A and worried I am underestimating how competitive GSAP is. What can I do to beat position myself for when I apply in 2 years? Thanks!

like

Can we apply to Kellogg two year program round 1 and then if we get rejected apply to the Deloitte Endorsement 1 year program..?

like

Additional Posts in Advertising

How long have folks waited for the Lürzer's Archive review process? Weeks? A month?

like

People whose spouses work in time consuming jobs like doctors and lawyers how the eff do you tend to your home life? My kitchen looks like an animal attacked it.

like

Curious how other people’s brains work.
When you get an activation brief, what’s your process for coming up with a solid idea?

Look for cultural moments that you can adapt? Look through award show books? Scroll YouTube videos until 3am?

I know that every brief and every idea is different, but I’m more interested in the process and what you’re creative routine is to get the wheels turning.

Thanks.

like

How long does your agency usually give your creative teams to concept new campaign ideas before the first internal review?

like

So I'm in a weird space at the moment. I've been interviewing with a lot of agencies in the past couple of months, and I keep getting the same response of "I need more agency experience." How am I supposed to get that experience if one of the things holding me back is not having enough agency experience?

like

Just got turned down for a job I really wanted. No interview. I even had a referral, but they didn't even look at my book! Feeling empty and worthless right now. I know I have inherent value as a human being but I am so desperate to succeed and can't seem to catch a break. Just wanted to vent. Thank you for reading.

likehelpful

Has this happened to anyone else recently?

Recruiter on LinkedIn: Hey we saw your work and were impressed with your ____ project. we’d love to setup some time to chat.

Me: ok great. Here’s when I’m free_______

Recruiter on LinkedIn: Sorry have to cancel the meeting, doesn’t seem like your experience matches the job we are currently offering.

This has happened 4 times in the past few months. Like you reached out to me??

like

Why did you pick your firm? -for those fortunate enough to have options coming out of recruiting or a prior job, what tipped the scales for you?

like

What does this even mean?!

Post Photo
likefunny

Can we please be done with vertical video? It’s completely opposite the human field of view, looks horrible, no camera other than a cell phone shoots it. Seriously dreading IGTV.

like

So grossed out by nasty old man (triple my age) at the client. He came over to where I sat to discuss an issue and his hand "accidentally" falls on my lap! I just got up and walked away

like

So how much money did Jim Carey get for his Super Bowl spot? Guesses?

like

When my non advertising friends complain about their 50 hour work weeks

Post Photo
likefunny

I have never done freelance work and was given the opportunity to take part in a cool project. My problem is it’s a proactive case by a brand new agency and it’s their own project, meaning there’s no client who pays for the work. For them it’s PR for their new business, but I think they’re expecting me to work completely pro bono. It does have potential for a great case and I’d love to have it in my portfolio, but is it reasonable for them not to compensate me? Any tips on how to approach this?

like

Is anyone expecting agency layoffs at the moment?

like

Thank you all for existing on Fishbowl and for being such a supportive community. It’s been a difficult year, but at the end of the day, I’m glad to have people to commiserate/celebrate with ❤️🙂❤️

like

What should I be reading to keep up to do date with new (good) ads. Adfreak? Other?

like

We’re in such a vicious business. You give your heart & soul to an agency, a client, a brand. Then the wind changes & you’re laid off, reassigned, chewed up, spit out, on to the next. I’m tired.

like

How do you handle remote teams being in different time zones? Right now we have a ton of team leaders on the west coast with the core team on the east coast and because of that urgent requests keep coming down after hours with the expectation to address it immediately. So at this point we’re working from 8am until like 11pm and nobody knows what to do to push back on it

like

Media arts lab. What does everyone think about it? Culture/work life etc?

likehelpful

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