Severance vs PIP

New abra
Jan 31 11 Comments

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).

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TOP 11 Comments
  • Amazon spdnv
    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.
    Jan 31 9
    • New abra
      OP
      @spdv i am in the middle of closing and need it to process before I terminate. From your knowledge, if i am told I will be put on PIP today (but I have not been presented with any documents yet), how many days / weeks it take to actually start the one (which my understanding kicks off when document is signed)
      Feb 1
    • Amazon spdnv
      If you’re officially in Pivot, you should have already had the meeting with your manager about that. If you did and you choose/chose the PIP option, they have 3 business days to write it and then have a meeting with you to go over the details.
      Feb 1
    • MathWorks CHop75
      Damn, this PIP process sounds scary af. What actually warrants a PIP? Is it just someone not going through tickets / progressing in project work fast enough?
      Feb 1
    • New abra
      OP
      @spdnv I am not yet officially in pivot, i’ve been told to think till mid next week on my preference for pivot vs severance. i have meeting with my manager to discuss that on wednesday. From there, my understanding I need to be presented the document of PIP and the document of severance package, one of which i need to sign. Correct?
      Feb 2
    • Amazon spdnv
      In so many words, yes. But if you are officially in pivot which is where the pip and severance options come in to play, you are technically in official perf mgmt stage.
      Feb 2
  • This comment was deleted by original commenter.

    • Tinder uNbC21
      Very rare that this happens. In my experience PIPs end up stressing people out so much they perform worse than before they get put on it.
      Jan 31