Search found 23 matches

by duckftl
Fri Nov 06, 2020 10:31 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Thanks for your thoughts. I had obviously considered doing that. But at the end of the analysis, decided on the current course of action. You have handled this poorly. You should be fired and as others have noted, your account should be locked. You should have gotten another offer or two before doi...
by duckftl
Fri Nov 06, 2020 10:15 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Pinotage wrote: Fri Nov 06, 2020 7:00 am Something about these posts really reminds me of Palatineman.

viewtopic.php?f=2&t=230737
It did indeed. Thanks for posting.
by duckftl
Fri Nov 06, 2020 10:11 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Then why didn't you give your notice now, rather than for 2 months down the line? Seems odd to me. I didn't give notice, because I want to get severance/bonus at the end of my 2 months. You did this before bonus time? Really? You couldn’t hold on for two months? Color me incredulous. Bonus for 2020...
by duckftl
Fri Nov 06, 2020 9:57 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Yes, I am now convinced to not send anything to HR until I hear back from them first. I have a date in my mind. 2 months down the line. Working there even one minute on the current terms would be too much. Then why didn't you give your notice now, rather than for 2 months down the line? Seems odd t...
by duckftl
Fri Nov 06, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

I have valid reasons to believe that direct management has been deceitful to me. I have let HR know about this. I won't sue, but I will consult with an attorney anyways. Just to know the actuality. I sense that your grudge has been brewing for some time. Now, it is a question of who wins and who lo...
by duckftl
Fri Nov 06, 2020 9:36 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Yes, I am now convinced to not send anything to HR until I hear back from them first. I have a date in my mind. 2 months down the line. Working there even one minute on the current terms would be too much. Then why didn't you give your notice now, rather than for 2 months down the line? Seems odd t...
by duckftl
Fri Nov 06, 2020 2:36 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

I would have liked to have a sensible manager like you. you probably never deceived your employee. I hope you understand that managers are sometimes put in impossible situations... Managers are sometimes unable to share information... They are often obligated to keep information secret, think thing...
by duckftl
Fri Nov 06, 2020 2:33 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

If the company recognizes how critical you are to the product, they will attempt to negotiate with you. If the company thinks you are actively trying to sabotage or blackmail them, they will let you go regardless of need. Like others have noted, your actions could be noticed by other employees, and...
by duckftl
Fri Nov 06, 2020 1:48 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

In my industry, it’s a generally accepted practice that once someone has decided to leave, they set aside grievances, and spend their last weeks helping their team transition. This is because the world is small, and doing anything else can really stain one’s reputation. And that reputation is much ...
by duckftl
Fri Nov 06, 2020 1:42 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

The industry is smaller than you realize. I would be concerned that word would get out that (a) you stopped doing your job ("my project is currently stopped because I have stopped working on it") and (b) you've announced that you will quit, and expect either severance in exchange for a ha...
by duckftl
Fri Nov 06, 2020 1:36 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

I have myself tried to find my replacement for 2 years. Not easy. Very niche domain.
by duckftl
Fri Nov 06, 2020 1:01 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

For clarity, I think my posts may come across incorrectly negative towards you. While I think it's highly unlikely that your unilateral actions to cut back work before negotiating with your employer is going to have the results you expect... I'll approach things differently myself, but my aspiratio...
by duckftl
Fri Nov 06, 2020 12:41 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

I mean, they told you they will get back to you, so wait and see what they say. There are some issues that might trip you: 1. You never really know how people see you, even if you think they told you. They may have told you what they had to in order to get what they needed from you. 2. The cemeteri...
by duckftl
Fri Nov 06, 2020 12:36 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

123 wrote: Thu Nov 05, 2020 11:34 pm Give them a written letter of resignation effective in two weeks. You will then know relatively quickly where you stand.
That's essentially what I have done. I have told them they can fire me, or get me an agreement with duties etc spelled out for the transition.
by duckftl
Fri Nov 06, 2020 12:33 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

toofache32 wrote: Thu Nov 05, 2020 10:26 pm Are there trademarks/patents involved? If so, who owns them?
Employer owns them. But I would like to get access to certain assets for my portfolio to show to prospective employers in future.
by duckftl
Fri Nov 06, 2020 12:29 am
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

1. Should I proactively send HR my terms for the severance agreements or should I wait to hear from them? I ask this because my project is currently stopped because I have stopped working on it. And in the interest of speeding things up, I would want to get clarity as soon as possible. in layoff si...
by duckftl
Thu Nov 05, 2020 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

If I found out you just stopped working on a key project and wanted me to pay you to go away, I’d walk you to the door immediately and then try to figure out a way to claw back the money I paid you while you weren’t working. (I would not likely be successful in that latter part, of course.) Your co...
by duckftl
Thu Nov 05, 2020 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Nate79 wrote: Thu Nov 05, 2020 11:01 pm Probably should be fired with no severance and a black mark on your record.
I'm sure the employer has thought about it.
by duckftl
Thu Nov 05, 2020 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

But he didn't quit... Agree. He said he'd like to be paid to stay longer. He just quit working on key deliverables while demanding a payout... I don't think he demanded anything. I understand he told HR he doesn't want to work there any more, and he can leave quickly or slowly. As for leaving grace...
by duckftl
Thu Nov 05, 2020 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

I wish you the best. I’ve seen this kind of thing happen before, and the person quitting never had the leverage they thought they did. Or if they did, nobody cared. They were shown the door and the work marched on without them. The people making these decisions, are people. They have foibles and ca...
by duckftl
Thu Nov 05, 2020 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Be careful not to overestimate your value. I have never seen a single person take down a mega corp in any real amount, no matter how great they thought they were. Not technical, not leadership. I agree. And I am prepared to walk away immediately if megacorp doesn't want me. Also not really trying t...
by duckftl
Thu Nov 05, 2020 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

Re: severance negotiation

Mlm wrote: Thu Nov 05, 2020 9:30 pm So in other words..you quit. Is that right?
Yes I am in the process of quitting.
by duckftl
Thu Nov 05, 2020 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: severance negotiation
Replies: 83
Views: 4567

severance negotiation

Salutations Bogleheads, Over the last few years, I have gained tremendously from the collective wisdom of you all. And have also made a lot of progress on the personal finance front. And for this, I am sincerely thankful to all of you. I am now in a peculiar situation regarding my departure from my ...