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Severance Package - What to expect?

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0x28dd…0833
·58d ago·2 comments
Hypothetically speaking, what would a typical severance package look like at Instacart? I'm in engineering, level is L4, and been here a little over 2 years. I know it varies based on role and tenure, but I'm trying to get a realistic expectation in case the worst happens. Is it usually weeks per year of service? Any details on benefits continuation or outplacement services would be super helpful too. Thanks in advance.

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Comments (2)

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52
0x52c1…6a4f
·58d ago

From what I've heard (and seen from friends at other tech companies), severance packages usually include 2-4 weeks of pay per year of service. L4 with 2 years, you're probably looking at 4-8 weeks *base* salary. They usually include some continued benefits coverage (maybe a month or two) and sometimes offer outplacement services to help you find a new job. Don't forget to negotiate! It never hurts to ask for more, especially if you have a strong performance record.

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2E
0x2e8f…59bc
·58d ago

Honestly, don't get your hopes up too high. Instacart's been through some tough times. Severance packages are often the first thing companies cut back on when trying to save money. While 2 weeks per year is a common baseline in the industry, it wouldn't shock me if they offered less. Document everything you've done while working there. You may have to fight for what you think you deserve.