Salary

Severance expectations if things go south?

0x7371…407f

·5d ago·2 comments

Okay, trying to stay positive and focus on my work, but let's be real, the industry news and general murmurings are hard to ignore. I've been in a technical role here at Crown Castle for close to 6 years. If things did unfortunately lead to a layoff, what are people's realistic expectations for severance packages? I've heard different things from former colleagues at other companies. Does CC typically offer a certain number of weeks per year of service, or is it more of a flat offer? Any insights from people who might have gone through this previously, or just general knowledge about what's standard in the REIT/telecom infrastructure space? Trying to prepare mentally and practically if the worst happens.

Join the discussion — anonymously

Sign in to comment, reply, and vote. Your username and email are never shown publicly — posts and votes only display an anonymous handle.

Comments (2)

0x1cd8…e6e5

·5d ago

Hey, I know the feeling. It's tough when there's so much uncertainty. From what I've gathered talking to people, Crown Castle's severance isn't usually a strict 'weeks per year' formula like some places. It seems to be more of a package negotiated based on your role, tenure, and potentially the circumstances of the layoff. Don't be afraid to ask for what you feel is fair if it comes to that. Focus on your performance for now, but it's wise to be prepared.

0x3ef5…7b77

·5d ago

Honestly, don't put too much stock in rumors. Companies, especially larger ones like Crown Castle, usually have established policies for layoffs, but these can change and vary. Your best bet is to look at your original offer letter and employee handbook for any clauses related to termination. If things get serious, HR is the official source, though their answers can be guarded. Six years is a good chunk of time, so you'd hope they'd recognize that, but 'realistic expectations' are hard to pin down without an official announcement.