I always thought one of the drawbacks of working in america compared to europe was that there was less of a safety net. However, with all these news about layoffs I see that most tech companies provide a severance package of 16 weeks which is better than most companies in europe. Is something changing or have I been wrong in my assumptions?
WinLychee|2 years ago
According to https://webapps.dol.gov/elaws/faq/esa/flsa/007.htm
> There is no requirement in the FLSA for severance pay. Severance pay is a matter of agreement between an employer and an employee (or the employee's representative).
s1gsegv|2 years ago
However, companies don't want to give advance notice so instead they immediately "lay you off" by removing access to everything, then give you "notice" that you'll be off payroll in some weeks/months as required by the act.
I'm not a lawyer, it seems like a pretty grey interpretation of the law, but at least this is better than no severance.
derivagral|2 years ago
pydry|2 years ago
In Europe the floor and the ceiling of how you get treated is more compressed. Hitting rock bottom is more comfortable but being a software developer? Probably not.
These payouts are probably to ward off lawsuits that developers can afford, but retail workers could not.
lm28469|2 years ago
Now do you get 6 months severance as a truck driver ? construction worker ? cashier ?
btw big tech companies also often offer packages in Europe, on top of the state sponsored unemployment benefits
unknown|2 years ago
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preommr|2 years ago
themitigating|2 years ago
decafninja|2 years ago
Some random no name startup or boring non tech company? The US salary is likely higher than the European equivalent but not enough to bulldoze away the European social benefits.
ye-olde-sysrq|2 years ago
(I could rant about how it didn't need to be this way and that between noncompetes, nonsolicits, aggressive perf processes, and giving shitty raises the turnover is entirely their own fault and everyone would be happier job hopping less. But that's a rant for another time.)
sneak|2 years ago
Nothing requires it and there are no standards. If they don't like you and you get fired (which they can do without cause or reason or explanation) then you get nothing.
ResearchCode|2 years ago
Retail or manual labor in US is probably worse.
nebula8804|2 years ago
haliskerbas|2 years ago
squokko|2 years ago
brailsafe|2 years ago