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by ChuckNorris89 1253 days ago
>U.S.-benefit-eligible employees will receive a variety of benefits, including above-market severance pay, continuing healthcare coverage for six months, continued vesting of stock awards for six months, career transition services, and 60 days’ notice prior to termination, regardless of whether such notice is legally required.

Wow, that way way, better than what we get by law in my EU country when you're laid off (just unemployment benefits). Looks like big tech in the US has loads of perks.

4 comments

Nonsense. European families get healthcare for life.
eehh, no? Pretty sure I pay for mine every month (NL).
Legit question, don't EU have by law, very generous unemployment benefits compared to the US?
It depends on what you understand with very generous unemployment benefits. Te me just the fact that there is universal healthcare makes the unemployment benefits way better.

I am a EU citizen having lived in the US for almost a decade and I still can't overcome the stress of losing my job because of this.

With the higher salary in the US, especially as a software engineer, you could easily put a little bit aside to pay for a healthcare exchange plan for a while if you do ever lose your job.
The scale of benefits generally looks like:

Average US worker << Average EU worker < US Big Tech Worker

I wonder where EU tech workers (big or not) fit in this. Certainly pay is less than US, but when I worked in Europe, everyone took all of their vacation time and generally did not work beyond regular business hours. Where I work today in the US, even junior devs (i.e. no on-call or general need to fight fires outside of regular hours) are grinding away on nights and weekends. The only way I can basically take a half-day here and there during the week to ski is because my team would be screwed without me, but it's still a pressure cooker compared to my last job in Europe; "I'm going to be bikepacking in Sweden all of August and won't be reachable" -> guess which OOO notice that job came from? xD
> Where I work today in the US, even junior devs (i.e. no on-call or general need to fight fires outside of regular hours) are grinding away on nights and weekends.

Wow. Most places are not like that. Get out of there.

> The only way I can basically take a half-day here and there during the week to ski is because my team would be screwed without me

lol. No. Your team will do just fine if you dropped dead today. Trust m. Teams are always fine.

Take the time off and get down off the cross.

It's amazing how prevalent this type of attitude is and not only in tech but in like menial jobs I've had when I was young as well. People actually think they are Atlas, supporting the entire operation and without them it would collapse. It's just not true, ever. It doesn't mean people aren't valued and that the organization is better off with them, but just because an individual can't see an organization working without them doesn't mean they can't.

We don't say it out loud because it's not polite but everyone is replaceable. In fact, there's many things we don't say because we are polite but I sort of feel like people tend to mistake politeness for support. But that's another thing all together and I digress.

Maybe find a different company. I ski 2 hours every weekday before I start my work day.
Depends how you define average.

Statistically, the average US workers has a much higher purchasing power than the average EU worker.

Unless by average you meant poor people or workers on minimum wage in which case you'd be correct, but that's in no way average anymore.

I was talking purely about “benefits” by which most people mean things outside of standard monetary compensation.

EU workers have much better vacation, healthcare, parental leave, severance pay, etc than US workers on average.

And I was only talking about the unemployment benefits of laid off big-tech workers. I'm not contradicting you about the rest.
Depends on the EU country. Where I live you get 60% of your pay for something like 6 months, plus the public healthcare coverage.

Though, it's not exactly a vacation, as you're expected to prove to the unemployment office you are actively looking for a job and interviewing and you're not allowed to leave the country during that period. I mean you can leave the country, nobody will stop you, but you'll not receive unemployment or healthcare coverage for the period you're out of the country.

You can make it a vacation if you're system savvy enough and know how to game the system and aren't risk averse.

You can leave easily and officially Germany during unemployment. Just bring the proof, that you sent your weekly applications and tell the Arbeitsamt officer that you’re leaving. They don’t really care about white collar workers making much more money than they do anyway. Their focus were blue collar workers and special cases like illiterate foreigner anyway. At least 5 years ago in Baden-Württemberg.
The "continued vesting of stock awards for six months" piece specifically is, as far as I know, not mandated by law anywhere, and is really generous.
A lot of that will be to avoid costly lawsuits with employment tribunals etc.; cheaper for companies like microsoft, trying to reduce headcount, when a large number of their employess have the resources to fight (and after the layoffs will also have the time too)
The difference is Microsoft doesn't have to be so generous.
yeah most american's don't receive severance outside unpaid vacation, the funny thing is that the people who need it most usually don't
And yet they are. Even though they could give you nothing, they chose otherwise.
It's not just from the goodness of their hearts.

Fundamentally, they chose this approach because those who receive the benefits will have to sign NDAs and because they don't want their reputation as an employer to be poisoned.

They aren’t doing it from the goodness of their hearts.