I just got laid off and I got 4 weeks, I usually hear people get three months. Can anyone give me an idea of what the average is?
2007-05-16 08:31:36 · 5 answers · asked by Young Chea 1 in Business & Finance ➔ Careers & Employment ➔ Other - Careers & Employment
two weeks for every year you have with that employer would be normal.
2007-05-16 08:36:05 · answer #1 · answered by lunatic 7 · 0⤊ 0⤋
Normally, the average serverance package is 4 weeks if you are middle management. If your are lower in the food chain, then it goes down to 1-2 weeks. Companies usually don't have a standard for this. It is normally at their discretion. I don't think you got jerked though, you got a pretty fair package.
2007-05-16 16:20:06 · answer #2 · answered by New Moon Daughter 6 · 0⤊ 0⤋
Most of the ones I have seen is one week for every year of employment plus a payout of any unused vacation - unless you had an employment agreement
2007-05-16 16:35:16 · answer #3 · answered by roadrunner426440 6 · 0⤊ 0⤋
It ALL depends on what your job was. Were you a real big shot? If not, 4 weeks sounds average.
2007-05-16 15:36:07 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Each employer is different, but it is typically based on your years of service. You may want to clarify with your former company's HR Dept.
Good luck with everything.
Regards,
Success For Tomorrow
Career Consultants
www.s4tconsulting.com
2007-05-16 16:37:40 · answer #5 · answered by s4tconsulting.com 2 · 0⤊ 0⤋