I didn't understand well, sorry.
In the Czech Republic, Denmark, Hungary, Italy, Lithuania, Poland, Portugal, Slovakia and Spain, employees with service of up to one year are entitled to severance pay (in most cases one month’s pay), while in Luxembourg employees have to have a minimum of five years within the organisation before receiving severance pay.
In France and Slovenia, employees with up to five years’ tenure are entitled to severance pay amounting to a maximum of one month’s pay; in Spain, the entitlement is 100 days’ pay for the same tenure."
AirBnB is giving laid off workers around 3 months of severance pay. How is that less competitive than what's given in Europe?
does US have an unemployment plan. how long and how much do you get ?
Each state has unemployment insurance. In most cases, the benefit amount per week/month puts you around the federal poverty line for an individual. No state has a severance requirement (although some do require your PTO balance be paid out as wages).
https://fileunemployment.org/unemployment-benefits/unemploym...
That counts as your usual pay. So during that time you don't get 'unemployment'. After the severance runs out then you collect unemployment, how much that is varies state to state.
After the three months most people will qualified for regular unemployment.
And until you start working at another company you still get healthcare from your former employer's provider.
edit: as it's weeks and not days for Airbnb I guess it's pretty similar then.
You mean France's is significantly worse (12 < 15 at a minimum of 1yr or less)? Did you see the accelerated vesting as well?
EDIT: Read days instead of weeks regarding AirBnB severance pay. That changes a lot, and it makes it a more than generous package by anyone's standards.
How does this mean? As in, it's provided by the state and therefore not a part of a severance package or as in German employers don't provide any? I'm not sure how to take this. If it's that the state provides it, then arguably AirBnb is being even more generous or possibly it shouldn't be included in the comparison. It's about what AirBnb is providing when discussing their generosity or lack thereof.
> IIRC it is something like one month per year.
So possibly way more generous or possibly way less generous depending. Under AirBnb's scheme, it's more generous so long as you've been employed less than 5yrs.
Not sure I'm seeing how German standards are so much more generous. Possibly that's fair under the healthcare standpoint but even then AirBnb is providing for a whole year so not really clear at all that that wouldn't cover an individual until their next role.
In France and Slovenia, employees with up to five years’ tenure are entitled to severance pay amounting to a maximum of one month’s pay; in Spain, the entitlement is 100 days’ pay for the same tenure."
AirBnB is giving laid off workers around 3 months of severance pay. How is that less competitive than what's given in Europe?
Now if they would be firing say 30-50% the rules might be different, this ain't part of any written contract, but they did so for all folks fired for last 10 years. But that's probably the best package I've ever heard of, regardless of location.
