Layoff Report

Severance package expectations if things go south?

0x7036…5650

·8d ago·2 comments

Okay, so nothing concrete has happened at Generac, but the rumors are swirling. I've been in my current role in supply chain for about 7 years and I'm starting to think about worst-case scenarios. If layoffs *do* happen, what's a reasonable severance package to expect? I know it varies wildly, but does anyone have experience from previous companies or knowledge about Generac's typical policy? I'm thinking about things like payout duration (weeks per year of service?), continued health benefits, outplacement services. Anything helps to at least have a mental checklist if the worst happens. Not trying to panic, just want to be prepared.

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Comments (2)

0x1cd8…e6e5

·8d ago

Hey, I totally get the anxiety. It's smart to plan ahead. Based on what I've seen at other larger manufacturing companies, you might be looking at something like 1-2 weeks of pay for every year of service. Continued health benefits are often part of the deal, at least for a few months, to help ease the transition. Don't be afraid to negotiate if you get an offer – sometimes there's a little wiggle room, especially if you've been there a while. Keep an eye on the official channels, but preparing for different outcomes is definitely a good move.

0x7371…407f

·8d ago

Honestly, expecting anything specific before anything actually happens is probably setting yourself up for disappointment. Generac's policy could change, or they might do something completely unexpected if layoffs occur. Focus on what you *can* control right now – maybe updating your resume and networking a bit. If something concrete does happen, then you can assess the situation and any offer they make. Worrying too much about 'what ifs' can be draining.