Re:I Automated My Job Application Process
by the_snooze on Saturday December 28, 2024 @08:15PM
(#42536487)
Signing bonuses almost always have clawback provisions, and I've never heard of someone getting severance from being fired for cause (performance). The only way I can see your scenario playing out is if the employee has some kind of real leverage over the company (e.g., family connections, political backing, etc.).
Re:I Automated My Job Application Process
by paxys on Saturday December 28, 2024 @08:33PM
(#42536598)
> Signing bonuses almost always have clawback provisions
Written on a piece of paper, yes, but no company is actually going to sue you in court to recover it. It will cost them more than the value of the bonus to do so. And they know you have already spent the money.
> I've never heard of someone getting severance from being fired for cause (performance)
At large tech companies it is standard for people going through the PIP process to get the option of taking a severance and walking away (and waiving their right to sue the company) instead of waiting for their manager and HR to draw up the paperwork to fire them.
At a large company it is possible for this entire process to draw out for 3-6 months, and you collecting >$100K in in that period.