Art confirmed today that all EMEA SE’s will be brought over to Broadcom.
We know that Symantec’s terms will carry for 12 months post close for said employees in terms of service and severance.
What is Broadcoms severance policy after that 12 month period? Will they give six weeks for every year?
Terrible .. I would extremely wary around accepting an offer if I was an SE.
"I actually meant Thread."
Terrific: now he's capitalizing his misspellings. I'm sure we can take his jailhouse lawyer advice straight to the bank. Is that Broadcom trembling that I hear?
No, I actually meant Thread. My part time hobby is to flush out the spelling and grammar police.
To your point; it goes without saying but in many countries, particularly EMEA countries have good protections.
The point stands - if an employee has a genuine concern regarding their offer, they should raise the concerns in writing prior to accepting. If their concerns hold true further down the road, that would be helpful.
"broadcom will need to thread very carefully..."
Assuming you mean "tread": I wouldn't worry. This isn't exactly Broadcom's first rodeo. They have more labor lawyers than most of us have toes.
If that’s the case, The new franchise under broadcom will need to thread very carefully with offers and the expectation of the ones they choose.
If an offer is made, an employee would realistically need to accept unless a relative newbie.
It would seem each and every employee who moves will immediately be on a one year assessment/contract/clock. If their product expertise happens to be one of the core solutions they have an advantage immediately. If their product expertise is a fringe product they start the year at a disadvantage considering their need to train up on the core solutions.
If an employee finds themselves being riffed immediately after the first twelve months and part of that decision relates to they covering products generally not in Broadcoms priority, employees may have grounds for constructive dismissal and also make a case that the the new franchise decision not to make offer specifically based on an individual review per employee, but through some broad spreadsheet style job title type means - resulted in said employees being at a financial disadvantage over a flawed process.
Ireland has been mentioned here. If an employee is thoroughly reviewed and offered a contract based on their specific solution knowledge, that would be right and proper. The difference between an employee receiving severance of six weeks for each year presently but only two weeks statutory as mentioned in the previous reply, from 13 months post close is a serious concern financially.
Employees if receiving an offer should seriously consider examining the offer and if necessary querying what the technical basis is for it and what the intention is for them in the new role.
The odds are that no micro check on individuals will occur and that would give grounds to an employee to put the future loss of earnings squarely on the new org and inform them of that when accepting the offer.
If I were a Linux based engineer and were in a situation where my transferred position and contract resulted in me being tasked with a windows based engineering position, there is no doubt I could learn and re-skill but not in year 1. I would be at a disadvantage in year 1 and likely surplus to requirements there after.
It will be on the head of the decision makers to ensure the offers are specific to each employees skills and experience.
The difference between DLP as an example and Encryption is for all intents and purposes a different discipline and the Irish courts will see it that way if any cost corner cutting is happening by allowing an employee’s contract ride out over the initial 12 month post close.
I would advice all concerned to accept their offer, but, highlight in writing where and on basis you feel the offer is wrongly made by the failure to consider A, B and C etc.
Good luck.
Not even two weeks per year. As far as I know, they pay the the minimum legally required. Obviously that’ll depend on each country, but for example in Ireland it’ll be 2 weeks per year with a max of 600€ per week (so in most of the cases it’ll be less than 2 weeks of salary).
Very poor severance.
Broadcom is 2 weeks per year called at 40 weeks
He clarified that the ones not coming across are in APJ and middle east.
He said "vast majority". Not everyone.