Thread regarding SAP layoffs

Severance package in the EU

I heard that people in the EU get a severance package with 4 weeks for every year. If you had a company car you get it for the half price. Is that true?

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Post ID: @Y38i46b

8 replies (most recent on top)

It's country-specific. I just got laid off and got roughly 4 weeks' per year in service (times 2 cause aged above 50). Not too bad; particularly since I got a new job from day 1. But it's negotiated in each case, and laws differ by country, AFAIK.

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Post ID: @Y38i46b-5epu

When the employee removed from payroll?

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Post ID: @Y38i46b-2fqp

Ugyanitt bojler eladó

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Post ID: @Y38i46b-1yib

Don't forget that with signing the severance package you give up your right to sue later.

I wouldn't give it up for 1 week per year. Not to mention If someone recently joined to the company even 4 weeks would not compensate all the stress needed to bear again with entering the job market. Especially for the elders.

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Post ID: @Y38i46b-1bxs

...and it is not EU, it is country specific...

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Post ID: @Y38i46b-1sff

The current (voluntary) severance package is still under negociation. Previous ones were very generous though, and I expect this one to be as well.

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Post ID: @Y38i46b-1moh

AFAIK it's 1 week salary after every year...

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Post ID: @Y38i46b-1qkd

How about buy one get one free?

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Post ID: @Y38i46b-ysz

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