Forgive me posting on this board, as I’m an outsider, but my husband works at SAP, more precisely at the Atlanta office. My question is what is the standard severance package in that region?
4 replies (most recent on top)
@freddy you're not too young for early retirement. At least in Germany you have to be at least 55 or 57 to be eligible.
If your husband is cut, he should have access to all severance info. It will be detailed and will cover all the terms. @nfo post below should give you a better idea on where he should land but the rules are more complicated with things differing based on a number of criteria - nonetheless, @nfo is directionally right.
I have worked at SAP for 31 years but am too young for the early retirement (less than 60, I guess). Is there a max number of works for the severance? Or would I get 60 weeks?
standard severance package is two weeks for every year as a full time employee. example: worked at SAP for 5 years, you would get 10 weeks of severance pay.