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DizzyPenguin
DizzyPenguin
7mo
by
TCS

Clarification on Severance Pay and Benefits

If they terminate me or release me from the project, or if I don’t get any new project within 35 days, will I receive severance pay? If yes, how much will it be, and what other benefits will I get?

7mo ago
GigglyBiscuit
GigglyBiscuit
TCS
7mo

There have been news of layoffs without reverence pay as well, so it depends on person to person

PerkyUnicorn
PerkyUnicorn
TCS
7mo

That would be very bad. At least 3 months pay provides some finance cushion.

PerkyUnicorn
PerkyUnicorn
TCS
7mo

Someone wrote it is 3 months gross pay. I am guessing one should get FnF also later ideally like leave encashment, gratuity (if applicable) etc.

DizzyPenguin
DizzyPenguin
TCS
7mo

Thanks for the info

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