Should I take the risk? $200K vs getting kicked out
My company (not SAP) is going through a reorg and my peer (with less experience) is being elevated to be my manager. Majority of meaningful projects are shelved . I can either leave saying this is not what I signed up for and get a good severance ($200k pre tax), or stay put given current macro economic conditions. The challenge is I dont have another job lined up and I am on an H1B visa, once I leave i will be on a 60 day clock. I can always rely upon the network I build here over the last 13 years but cant gather up the courage to take this step. I also dont know if anyone would give me the current package I have here ($500K), but I also dont like the new position here and I am sure I will not grow professionally if I stay. If I accept this reorg, find a job 2-3 months down the line, i most likely will not be getting any severance (me quitting vs they letting me go). Not sure what to doā¦So confused!
You only live once, get that 200k and grind for another job
This is easy. Take the 200k and go to a cheap school until you find a job you like
Stay out during these tough times, swallow your pride.
Best advice. OP is on H1b and should really have no pride at all for now.
Wow why would a company give so much severance when itās at-will employment?
Coast until you find a job you like. 200k post tax is probably around 140k. Given your TC it does not look that attractive. Why risk so much when you have so little to gain??
Post tax is more like 100k assuming this is California. Honestly on a H1b and itās now near the end of the year, thereās a chance you wonāt wind up with a job in 60 days. I wouldnāt take that risk if I were you op
Thanks jaded
Find another job, then take the $200K and leave. I mean you can reach out to your network now youāll know where you stand. The 60 day is extremely stressful, even more with kids etc.
wait until you get a equally a good job. Dont risk for 200K.
Your new manager will get rid of you. Start looking for a new job
Why not take 200k and live like a king overseas?
Wish I could. I got kids who are in preschool/elementary and not sure if i want to uproot my family. We love it here š
Is your spouse working?