Wow, this feels like a middle finger on the way out the door:
> Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks
A week per year of service?
> Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks
A week per year of service?
1/4 of a month per year served up to 10 years, and 1/3 of a month per year served after the first 10 years
I'm of course ignoring the whole cause of layoff, which in France is very different and can lead to majoration or to straight up remove the severance, and also here unless you're someone with years on the job the paid holidays severance is usually the largest part of the amount you get and I don't think the US has an equivalent.
2 months is already way above "average" and adding weeks per year is ... nice.
You certainly didn't bother to do that, and "2 months is generous because it's above average" might be a lazy argument and perpetuates the status quo, but it's certainly orders of magnitude better than no argument.
Any proposal that considers opinion and interests beyond businesses’ is already more even handed than your proposal.
The way I see it, if you want something fair it can't be solely the worker nor solely the employer.
And the governement would be too easy to be pushed too far one way or the other, depending on political climate.
Which is why unions should be pushed more, so employers and employee can negotiate than on equal terms (and not employer versus single employee).
Not american, and that's how it is here, and frankly it's not perfect but it seems a lot better than hope your employer has some decency to give you breadcrumbs and if not oh well tough luck.
Or does that not exist?
At first glance, it seems equivalent to “well, they opted to work on planet Earth”, with the implication that they could have opted to work on the moon or Mars or the ISS - as in, for the most part those options don’t actually exist, and where they do, there are a very limited number of jobs available (on the ISS), so that in fact not all of the 12,500 people could have opted to work there.
So 2 months pay for an immediate termination isn't generous, it's legally required.
However, the additional severance 1x week pay/year is generous in comparison to other companies conducting layoffs of this size.
Dell doesn't _have_ to offer much of anything although in my experience the 1 week per year of tenure on top of a fixed payout is fairly common.
For a 26 year employee, that's a total of 8 months of pay which is plenty of time to find a new job - assuming you have valuable skills to contribute and haven't just been coasting for years and not keeping your industry skills up to date. If one can't find a job in six months that is similar to their now defunct job, they probably won't and likely need to adjust their expectations.
For a mass layoff, the statutorily mandated minimum amount is actually 2 months.
As you can see people are even thankful for it!