> As a European the severance for a large company doesn’t sound all to different to what I am used to
Note that Europe is a big place, and laws are not standard for layoffs/redundancy. I got laid off this year, and basically got one week's severance pay, plus my two weeks notice.
In Ireland, I believe the standard amongst larger companies is one month per year served, but the cap is very low so generally tech companies will make much of the payout conditional on an NDA.
For Norway it's usually three months both ways. For bigger layoffs it can be "anything" from three months and up. I was outsourceed once, and got nine months pay from day 1.
So I got doubly paid as soon as I found a new job. Good times. :)
Note that Europe is a big place, and laws are not standard for layoffs/redundancy. I got laid off this year, and basically got one week's severance pay, plus my two weeks notice.
In Ireland, I believe the standard amongst larger companies is one month per year served, but the cap is very low so generally tech companies will make much of the payout conditional on an NDA.