Of course this doesn't work if you have a work council, usually the work-council negotiate a severance package algorithm (= fix_amount + tenure * amount), and this is usually un-negotiable. This makes sense, thanks to collective bargaining, it's most likely one the best deal you could have gotten. (Even though libertarians will flock-in and start going "How do I know, that I, as a highly performing individual couldn't have negotiate better!?! This seems unfair!")