Laid off from a Canadian bank (severance question)
Posting for a "friend"...anyway,
Everyone at a regional office of a Canadian chartered bank has been notified of the office closure (likely over the next 3 to 24 months)...specific employee has 10 years of problem free employment in a back office role.
Any idea how much severance a bank hands out in these situations? I would think they would avoid the min. 1 / week per year to avoid the bad press that could create and they've been using phrases such as "we take care of our people". Does 2-3 weeks / year seem like a likely outcome?
Thanks!
Everyone at a regional office of a Canadian chartered bank has been notified of the office closure (likely over the next 3 to 24 months)...specific employee has 10 years of problem free employment in a back office role.
Any idea how much severance a bank hands out in these situations? I would think they would avoid the min. 1 / week per year to avoid the bad press that could create and they've been using phrases such as "we take care of our people". Does 2-3 weeks / year seem like a likely outcome?
Thanks!