Would you rather get promoted or laid off at your current firm (and collect a sweet severance package)? Why/why not?

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If you're junior your severance package won't be sweet at all.

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^can confirm. Ain't no severance package because it's often based on tenure and compensation for transition period to a new role

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Get laid off bc then I won't have to get up the cojones to quit.

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When you say your salary jumped __x, how is that exactly calculated?

Mine was $16k (minimum wage before joining corporate) > $40k (contractor total before getting laid off) > $150k (current FT)?

Is that a 260% jump or 2.6x from $16k to $40k?
And a 375% jump or 3.75x from $40k to $150k?

Or do I calculate it by hourly rate?

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