81–90 of 95 posts
Don't disparage your former employer - regardless of how the breakup went. I feel that in retrospect these things are for the better. You didn't want to be there anyway - they just made their move first.
It also depends on what the labor law in your country says. Are you in the US?
1. You must reframe the situation as quick as possible. Don't think, 'shit, why me, what happened, am I not good enough?' Such thoughts bring you a vicious cycle. You must treat this situation as the best thing ever happened, you must be happy about it. And I promise you, heck I bet $10,000 that you'll tell us in one year that this lay-off was the best thing ever happened and led you to x, y and z. So, basically it's…
You got four weeks pay? Then don't work 30% on 2 and 70% on 3. Work at least 30% on 2, and as much more than that as you can usefully do in any given day. Treat it like a job. Don't stop unless there's really nothing more you can do that day. Fill up the remaining time with 3 (don't do make-work on 2).
>if there's anything I should be wary of Don't cave to the temptation of making an ass of yourself. You never know when you might run into someone in a future job. They'll likely make you sign some papers for the 1 month severance. Pay attention. Sometimes there are unsavory clauses, like non-competes, non-disclosure, etc. It would be helpful to know where you are located. If you're in California, for example, you ca…
Forgot to mention and it doesn't seem like I can edit my post anymore, but I'm located in Vancouver, B.C (Canada). The release includes the following sections: * no admissions * further claims (agree to not make claims against the Releasees) * indemnity for taxes * no denigration or defamation * non-disclosure * confidentiality I don't believe it was a large layoff, in fact, I'm not sure if anyone else got hit. The r…
OK, that's a whole different kettle of fish. You may want to talk to a lawyer before signing, because if you sign, you most likely sign away your right to sue for the options. (On the other hand, you may not have any case for suing for the options anyway. And your expectation value of what you would get from the options, times the probability of winning them, may be lower than the cost of talking to a lawyer for an hour...)
It also depends on what the labor law in your country says. Are you in the US?
I'm in Vancouver, B.C (Canada)
Saying on a public forum that you wanted to leave anyway was probably unwise btw as it makes it harder to negotiate a decent severance.
As your being made redundant, there's nothing untoward about their reason. 1 month for each year served is fairly normal so again, nothing untoward. Signing a release is also fairly standard. Under these circumstances I would always recommend showing the release to an employment lawyer. For me, peace of mind is worth a couple of hundred dollars but YMMV. Also, in the UK at least, there are tax breaks on some of the r…
1 month for each year served? That is common? I've heard 1 week per year is common. I have been with my company for almost 10 years. You're not really suggesting they'd pay me almost a year if they laid me off.
Edit. I'm not suggesting that you'll get paid for 10 months. I have no idea what your company policy is. However, I received a year's salary with the first 30k or so tax free. So it may not surprise you that I was happy to sign the waver.
1. You must reframe the situation as quick as possible. Don't think, 'shit, why me, what happened, am I not good enough?' Such thoughts bring you a vicious cycle. You must treat this situation as the best thing ever happened, you must be happy about it. And I promise you, heck I bet $10,000 that you'll tell us in one year that this lay-off was the best thing ever happened and led you to x, y and z. So, basically it's…
* Work on a pet project with a technology you always wanted to work with, get into flow and put it online. This will be the most fun and will give you tons of self-confidence in a very short time.* In addition to the personal mental benefits, as a hiring manager, I would look favorably on this. It shows initiative. It shows that you aren't wasting your time between jobs. Should your unemployment extend to a few month…
Earlier quoted context omitted.
Forgot to mention and it doesn't seem like I can edit my post anymore, but I'm located in Vancouver, B.C (Canada). The release includes the following sections: * no admissions * further claims (agree to not make claims against the Releasees) * indemnity for taxes * no denigration or defamation * non-disclosure * confidentiality I don't believe it was a large layoff, in fact, I'm not sure if anyone else got hit. The r…
> I suspect it may have to do with the fact my options vest in about 2~3 weeks. OK, that's a whole different kettle of fish. You may want to talk to a lawyer before signing, because if you sign, you most likely sign away your right to sue for the options. (On the other hand, you may not have any case for suing for the options anyway. And your expectation value of what you would get from the options, times the probabi…
Earlier quoted context omitted.
> I suspect it may have to do with the fact my options vest in about 2~3 weeks. OK, that's a whole different kettle of fish. You may want to talk to a lawyer before signing, because if you sign, you most likely sign away your right to sue for the options. (On the other hand, you may not have any case for suing for the options anyway. And your expectation value of what you would get from the options, times the probabi…
I agree, a lawyer is a good idea. I've had this happen to me. Not pleasant.
1. You must reframe the situation as quick as possible. Don't think, 'shit, why me, what happened, am I not good enough?' Such thoughts bring you a vicious cycle. You must treat this situation as the best thing ever happened, you must be happy about it. And I promise you, heck I bet $10,000 that you'll tell us in one year that this lay-off was the best thing ever happened and led you to x, y and z. So, basically it's…