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freshmoves91 t1_javuaoz wrote

Lol but do they give you 6 months notice before firing you?

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ChipsyKingFisher t1_jaw4hfn wrote

They do. Point72 and the big hedge funds also give you a full year paid vacation basically before you start your next gig, you are not allowed to start for another firm immediately but they pay you for it.

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geos1234 t1_jaxs4n1 wrote

Its paid based on your base though I believe, no bonus, so it is like accepting a year of 1/3 earnings power.

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Neoliberalism2024 t1_javvexe wrote

Yes, most likely.

I work at a competitor and The notice period works both ways.

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kkirchhoff t1_jaxnhep wrote

I work in finance and my boss has done that on several occasions. He just tells them that they need to start looking for a new job ASAP and they are going to be fired in 6 months if not

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djdjddhdhdh t1_jay4ulp wrote

Haha jpm is same with tech although it’s like 3 months, but you get a good year of bad reviews before hand so you have to know unless you’re oblivious

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SakanaToDoubutsu t1_javylx1 wrote

The one time I was fired I did get a 2 weeks warning from my employer so I could close out my work and my benefits rolled over for an extra month.

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studmuffffffin t1_jaxk6ad wrote

They probably have generous severance packages, which would be equivalent.

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