It's not too bad. I put it in the bank.
And I found a new job that pays more and I finally got money in my savings account.
Shout out to all my homies still there. I'm doing really GOOD.
I wish you all the best!
3 replies (most recent on top)
Agreed that it largely depends on years of service. But keep in mind that if you get laid off and end up a contractor and get laid off again that they will not give a severance package to contractors.
So don't wish for a severance package. It would be better to simply find an opportunity elsewhere that pays better. That way you are in control of your destiny. And it is a lot easier to find and negotiate a better opportunity, when you already have a job.
Depends on your pay grade and the years with the company. Look up the policy it lays it out clearly. Effective July 1, 2020 they changed the policy in advance of the layoffs decreasing the payout owed employees. The first round of layoffs started that month.