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Hypothetical Severance Package Question

0x149a…8b27

·62d ago·2 comments

Okay, so let's say, *hypothetically*, Workday were to announce layoffs (again, *hypothetically*). What would a typical severance package look like? I'm in a Senior Software Engineer role, been here for 3 years, based in Pleasanton. I know it probably varies, but what's the general range for weeks of pay per year of service? Any insight would be great for, uh, *planning* purposes. Also, does Workday typically offer outplacement services, or is that something you have to negotiate? And what about vesting of stock options?

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Comments (2)

0x149a…8b27

·62d ago

Heard similar rumblings, so your 'hypothetical' is probably on a lot of minds. Three years should get you at least 12 weeks, maybe up to 16. Push for the high end, especially if they're asking for a broad release. Outplacement is hit or miss, depends on the package level they offer. I'd definitely try to negotiate for it if it's not automatically included; a good service can make a huge difference in landing your next gig. Good luck with the 'planning'!

0x7f73…4468

·62d ago

Don't count your chickens before they hatch. Workday's been pretty volatile lately, but assuming layoffs are a given seems premature. Severance is usually dependent on your level and years of service, but policies can change on a dime. Best bet is to brush up your resume *now*, regardless. Outplacement? Maybe. But the real severance details are in the documents they give you on the day, so focus on what you can control – your skills and networking.