What’s the typical severance package? 2 weeks for every year of service?

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

It’s negotiable. 😬 — I worked at a company for 6/7 mos and negotiated 12 weeks severance when they let me go.

SC1, what was the basis for their release if I may ask? Did they have documentation?

Typically one month for every year of service in some countries

The land of always winter? lol no thank you

funny

Typically 2 weeks + 1 week for each additional week per year.

In the US, I've seen everything from nothing, to one week for every year, to some really big packages.

Nothing typical about it.

Depends on the level.

Related Posts

Job offers. Got an offer from Parker hannifin within 2 weeks of application. Still going through interview process with Rockwell automation, 3 interviews and over a month. Operation manager said I will be hearing from Hr soon on next steps. Leverage offer with Parker or take the job?

likehelpful

Holding 2 offers. 1 from Accenture and One from Hexaware. Hexaware paying 2lakhs more than Accenture. Which one I Can choose. Accenture taken me for Cloud. Hexaware taken me for Devops. Friends pls suggest. Confused lot

like

What are some good boutique consulting firms for change management and organisational transformation that pay well at the manager level?

like

Anyone work for the Goldman Sachs Office of Global Security? What’s compensation like?Goldman Sachs

like

Hi Friends,

I am in discussion with MNC Service based organization based out of Sweden and wanted to know the salary I can expect. Although they have dropped a hint of around 45000 SEK per month.

I am an Oracle SQL and PL/SQL developer with around 10 years of experience and my CTC in India is around 32 LPA.....

like

For someone earning 11 LPA fixed in India, is 50K Euros in Germany a good package?

Numbeo says it will be equivalent to my current salary, however tax deduction will be higher. Thoughts?

like

Considering trying to become an fbi special agent. If I make it, it’ll be a huge paycut starting around 75k. Worth it for the potential to work on really cool stuff?

like

Hi all,

Can someone tell what should be salary expectation for Consultant role (D&S data analytics team) at Mastercard.
I think it's for L8 band, not completely sure.
Yoe- 4yrs
CCTC- 15
Offer holding - 20(19fixed)

like

Given all the recent buzz about expected large raises around the big 4, I’d like to level set on the average salary for a 4th/5th year female senior manager in federal tax ( credits & methods group) in the Midwest - Chicago/Minneapolis/Detroit market. Anyone willing to share a range if they work in a similar area of tax / similar level? I recognize all groups vary greatly in salary expectations, so looking for input specific to my area. Current expectations set at 140-160k. Reasonable?

likefunny

🔥How you asked company-1 to beat the offer of company-2 offer ? Have you succeed? If not got same offer like company-2 from company-1 ?

Note - company-1 release 1st offer & company-2 released 2nd offer
I am expecting company-1 should Beat offer not to match the offer.

Your input please

like
likefunny

Can someone give me a range for salary for auditor with 2 years experience transferring to FDD associate? In HCOL (New York/ SF). I have been requested to give a figure and don’t want to go too low. Thank you!

like

What is the industry salary range for tax analyst position at Bay Area? I have 4 years of big 4 experience.

like

Is $160k fair for a Salesforce Implementation Manager role?

like

Larsen & Toubro Infotech Hi everyone,

I have 6 years experience in .net, my current package is 13.5, now am planning to move from current organization. how much can I expect from other organisations. Anyone have any idea?Virtusa Accenture CTS Tata Consultancy Infosys Mindtree Larsen & Toubro Infotech

like

Had anyone gone from a med tech (MT/MLS) to LIS? What the pay more or less? I was offered a position with their second offer being 7k less than I make now. How can I negotiate more even if it’s a “change of career”..

like

What's your title and how much is your base salary per year?

likeuplifting

I have offer form ServiceNow and CVS Health . Having almost equal pay. Which one should be better?

like

Looking for Java, Springboot Developers. Kindly DM if you looking out for change if having experience in these Skill-set.

Location is not a constrainst as hiring PAN-INDIA.

Flexible work culture with Prominent WFH.

P.S: Currently hiring very aggressively, can offer better CTC as per the market standards.

like

I am an Oncology Clinical Research Coordinator with 15+ years of experience. I have program management and pharmaceutical manufacturing experience that gives me additional unique experience. I am wanting to get into the Clinical Trial Management/ Research Management role and am having no luck. Currently working for UW in Seattle. Pay is stagnant, grossly understaffed, commute is terrible, but the benefits are great. Any suggestions on CTO that offers great benefits and competitive salary?

likesmart

More Posts

I Recently told company A verbally I will accept their offer if they match a job offer I have from Company B and they did. When I informed Company B that I will not be accepting their offer they gave me a sweet counteroffer that i’m seriously considering, What should I say to Company A?

like
likefunny

New joiners at Amazon,
When do we get the mail to select asset and delivery of the laptop? My joining is after a month,can I call my recruiter if i don't get a mail maybe 20 days before joining

Amazon

We were not trying to conceive. And I was drinking alcohol like twice a week.
Now I missed my period and pregnant. I am panicking a lot, not sure if I want a baby right now. Definitely i cant deal with pregnancy constantly knowing how much u drinking could have affected the fetus and if i could ever endure the consequences it would bring upon the baby
Help me understand if my baby will be fine or not.

like

Someone here asked recently which candidate would be better for workers like us who are here legally with all the credentials, paying US taxes just like Americans. I kind of laughed inside and I still do. Why even ask? Did any other administration excessively hate us this much to the point the rules changed substantially gazillion times a year? Let’s be real. This is nothing more than direct targeting of us. How can anyone not know which is at least less worse? 😂

likeuplifting

Hi friends,

I am an immediate joiner. I have 7 years of experience in automation and manual testing.
Can anyone please refer me. I am in need of job.

Can you share the resources or sites like leetcode to help prepare for interviews for 11 yoe experienced ui developer?

Starting to lose hope that I will never find an agency where I'm not spread so thin.

like

Does NYC or SF pay more all else being the same?

like

Hello guys,

I'm having total 7+ yoe (5+yrs embedded developer + 2yrs in FuSa automotive) Initially HCL have denied what I've expected for automotive FuSa and they have given an offer of 10LPA with a justification that my relevant experience is less, now I'm holding an offer of 18 LPA and asked HCL for a counter offer for the same position what do you guys think will HCL offer me this much?

TIA

like
like

do agencies in Germany hire interns now? I’m fluent in German with a degree in design from New York

like

Anyone from intelligent automation or RPA Team got their hike?

like

Seriously.

What is the fair range of S1 Tax big4 salary?

Location : Chicago, IL

I got an offer 78K, and just got a new one from another firm. (80K)

I am trying to negotiate the salary to 82K as my target...

Am I asking too much?

like

Are people looking to leave when for their LinkedIn title - job title, no company listed in the header or am I over analyzing lol

like

If we leave public accounting before passing the cpa exam, how do we go about verifying all our work experience/hours once we’ve moved into industry? Still want to get cpa, but moving into industry

like

Whats realistic TC at A&M 3 yrs post MBA? Friend was told a very high number (250K greater than mine).

like

Additional Posts in Consulting

Imagine if consultants had to go through polygraph tests in commercial accounts, what would happen

like

Ekaterina is back 😍😏💅🏻

likefunny

AA same day change question: I am Exec Plat and need to move my Monday flight from 5 to 8pm. When can i call for free SDC? Sunday 8pm (24hrs before flight) or Sunday at midnight?

like

Is the recruiting process primed for disruption? Are there better ways to determine which candidates would make the best consultants? Interested in your thoughts, Fishbowl.

like

Want to warn stakeholders that their hostile, posturing emails with our main client CC'd is only going to backfire (main client ❤️ us). emails will no joke prob get some of them fired. #restructuring

like

I’m an analyst in ACN management consulting looking to change firms.
Will more strategic-focused consulting companies think less of my background because of our rep of doing tech delivery work?

like

When does GOT stream in pacific area on Sunday night ? 6 PDT or 9 PDT

like

When this is over we need to rethink our concept of who is “essential” because in all honestly most of us are not - but our grocery workers and delivery people are.

like

Been in consulting, three years post MBA. At a point where I honestly feel like what we do doesn't matter. We don't actually make anything and reuse solutions. Anyone have similar thoughts? (Cont.)

like

Favorite statistical modeling technique to use? ANN, SVM, LR, PCA, etc. And any specific reasons? Industry, ease, interpretability, etc.

like

🐠, been interviewing w/ industry and they said last Tuesday that I would hear back either Friday or today... Any tips for keeping myself from spiraling as I wait? Finding myself unusually anxious.

like

My partner wants to give a gift to all members of the team (70+) on a successful go-live. Any ideas?! I was thinking headphones but looking for other ideas. Due to size of the team, gifts can’t be customized unfortunately.

like

Best consulting companies with exposure to the blockchain / digital assets space?

like

Has anyone moved states and changed their home office / region? (Personal choice not project driven)....If so, what's the process? What approvals are needed?

like

I have a consulting/PE interview on Friday, please recommend consulting books or sites to read. Need to speak consulting language

like

Deloitte bowl in a nutshell 😂

Post Photo
likefunnysmart

CAIA vs CFA?

like

Which city in the world is best for making and saving money? Need to hit my early retirement goals

like

Best standing desk for home use?

like

What are some publications, books, podcasts, online classes etc that can help me prepare for my first year in consulting? Have 5 years of experience in finance and making the jump to consulting.

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