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by dagw
976 days ago
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Aren't you in a weird limbo for months/years on end where you don't know if your position will be terminated? Isn't that every day at a job in an At-Will state in the US? Also if you quit of your own volition while the unions are negotiating you get nothing. If you wait until the unions are done negotiating and get laid off you get several month of severance pay. In fact quitting while layoffs are being discussed has to be among the dumbest financial decision you can make. |
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I understand how one would want to stick around not to miss out on a juicy package but this seems counter productive for the employer, the employees and society in general. I can assume that the productivity impact is non negligible, with many workers sitting on their ass waiting to be laid off. Conversely, some workers might have immediate opportunities elsewhere which they can't take for fear of losing out on the bonanza. Finally, If everybody hits the job market at once when it's done there's more chance that the package money is going to get spent just looking for another job.
There really should be a fair retroactive + proportional compensation mechanism for people leaving on their own during the "negotiation" period.