What’s a typical severance package? (I suppose the range is quite wide)

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2 weeks per year of work !

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I think one month per year of service is pretty standard when theres a severance policy.

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Huh. Maybe jve just been lucky in what I've come across.

If severance is offered, and that’s a big IF, it varies by the situation. If the company is well off and winding down a redundant operation (think post merger) expect to get more than say you might in a global pandemic causing widespread economic collapse in some industries.

I usually see a sliding scale based on tenure. Newbies get not much of anything. Then under 5 years get 1 to 2 weeks for year of service.

It randomly goes up from there.

If the company is in distress, all bets are off.

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Supposedly in 2008 it was one month salary for every year worked at EY.

My buddy receive a year severance when they divested his fund and laid everyone off. That’s finance though. I saw another thread that said his firm was offering 4 months, but it was a voluntary leave severance

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