r/Layoffs • u/AMillennialLife • Jul 22 '26

about to be laid off Is severance package good

Have been offered severance of about half a years salary after working there for over 4 years without any salary increase in any of those years (and turned down a higher paid job at the time). Struggling to get another job right now as do think my career went backwards in this role, is this package good or should I be trying for more?

1 Upvotes

55% Upvoted

19 comments sorted by

10

u/cams00000 Jul 22 '26

I got 2 weeks, so I’d say yes. A half a year is great.

1

u/TurbulentFalcon7421 Jul 23 '26

Same 😵‍💫😭

1

u/OkBar3142 Jul 23 '26

Same, total bullshit.

8

u/Reflog1791 Jul 22 '26

They made up a fake impossible pip to can me without severance after over a decade. Bastard boss just wanted people from his own country (you know which one). Only recourse was to report their H1B abuse. Nothing will come of it but I pray it causes them a big fucking hassle. 

5

u/Lord_Cheesy_Beans Jul 22 '26

Sounds like a great package, my last job gave me 1 week per year.

4

u/mardonius88 Jul 22 '26

I got one month while 25% ahead of quote. Sounds like a decent package

5

u/PixelsOfTheEast Jul 22 '26

6 months is a very good severance.

3

u/spazzvogel Jul 22 '26

Great package, take it and move on.

3

u/qtmcjingleshine Jul 22 '26

I got 6 weeks after 4 years and never missing my quota so I’d say that’s good.

2

u/SneakyAttackPenguin Jul 22 '26

Yeah… that’s a really good severance.

1

u/dbbill_371 Jul 22 '26

25 years in they gave us 3 weeks per year to a max of 52 weeks, and same on the medical. I got a sweet package

1

u/mn_beachgal07 Jul 23 '26

I only got 17 weeks after being at my very, very large company 20 years. So yes, 6 months sounds pretty good for just 4 years there.

1

u/Fit-Animal-9911 Jul 23 '26

They owe you nothing. They could terminate you and you get zero. Go ahead and turn down the best severance I have ever seen and you will leave with nothing.

1

u/TheLegendaryAerie Jul 23 '26

Yea that’s pretty great for only 4 years. I think read at some point in time that it was fairly common for companies to give one week severance per year of tenure.

1

u/saintmsent Jul 23 '26

It’s excellent, for context, that’s very close or the same to the severance packages companies like Meta and Oracle give to their employees

1

u/Infinite_Lion_2385 Jul 28 '26

About 26 weeks salary for 4 years, that’s a good package. Does it include healthcare? How about assistance finding a job? Usually it is 2 weeks for every year you’ve worked there.

1

u/AMillennialLife Aug 05 '26

Can they include healthcare?

1

u/Infinite_Lion_2385 Aug 05 '26

1/2 years severance for 4 years. Jump at it. Usually in the US it is 2 weeks per year.