For those on PIP who are eventually let go, how long does it take from the day PIP is signed? I know PIPs usually go 30,60,90 days - but what’s the typical “survival time”? Assuming it takes at least 60 days till final termination, I fail to see how 2 months severance is a better deal (aside from having some free paid time).
From someone who has had to put multiple people on both, I’m telling you to take the severance. You will get more money and either way, if you fail the PIP which is about an 80% chance based on data you won’t be eligible for rehire in either case. Take the money, take that extra time to go find a better role somewhere else.