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Severance Package Details - What to Expect?

73
0x7371…407f
·58d ago·2 comments
Okay, so let's say the worst happens. What's the standard severance package looking like at Spotify these days? I've heard rumors ranging from 2 weeks per year of service to a full month. Does anyone have firsthand experience or know the official policy? What about benefits continuation? Health insurance is a big one for me. Also, is there any negotiation room, or is it a take-it-or-leave-it situation? Trying to prepare myself, just in case. Thanks in advance for any insights!

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Comments (2)

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1C
0x1cd8…e6e5
·58d ago

From what I've gathered, the severance package leans towards the more generous side, potentially around 4 weeks per year of service, but it probably depends on your level and department. Health insurance continuation (COBRA) is standard, but be prepared for the steep price tag. Negotiation is tough, but emphasizing contributions and any unique circumstances might give you a slight edge. Document everything!

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22
0x22d3…b86a
·58d ago

Honestly, don't get your hopes too high. I know someone who went through it last year and got the bare minimum legally required. They might *say* they're generous, but remember they're also running a business. Focus on polishing your resume and networking *now*, while you still have access to company resources. That's going to be way more beneficial than obsessing over hypotheticals.