this post was submitted on 16 Sep 2024
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Maybe somebody has some insight into this: why does this succeed in getting people to quit, since that's the obvious gambit? Why do people not just refuse to come back and get fired for insubordination or whatever? Do you not get unemployment benefits for getting fired for that reason (ignoring that unemployment is a pittance compared to their salaries), or are they packaging these people out with attractive severances or something?
Because people need stable incomes and healthcare, so they start applying for jobs and get them. People aren't quitting to be unemployed.
They need to find their next job first
Always
It's usually just enough severance to make it worth it. It'll be like a month of pay maybe which is worth 6-8 months of unemployment.
And honestly...if they offer a month or two of health insurance on top, you have to take to avoid the cobra fees.
It's usually an easy choice to take severance.
You get sign on shares when joining, but they don't mature for 2 years. Leave/get fired before the 2 years is up, you forfeit the shares.
Staff turnover at the 2yr tenure mark was crazy. Well over 50% jumped ship as soon as they hit 2yrs.