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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
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<p>[QUOTE="Anonymous, post: 5176024"]You heard it here first the severance package with be an insult. Most companies do a minimum of 6-12 weeks plus 2 weeks per year minimum. Great companies have done 6 months minimum plus 2 weeks per year. However our severance was negotiated in the buyout. It was negotiated that shires current severance policy for change of control would be to costly and that ABBVie could come up with a more cost effective plan. Ie; pay out less. Expect the plan to be 1 week per year. Also expect cuts to happen between thanksgiving and Christmas. You heard it hear first folks. Save what you can. Don't take vacation. Every penny will matter. It will be massive. Geography, rank, reviews. In that order.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 5176024"]You heard it here first the severance package with be an insult. Most companies do a minimum of 6-12 weeks plus 2 weeks per year minimum. Great companies have done 6 months minimum plus 2 weeks per year. However our severance was negotiated in the buyout. It was negotiated that shires current severance policy for change of control would be to costly and that ABBVie could come up with a more cost effective plan. Ie; pay out less. Expect the plan to be 1 week per year. Also expect cuts to happen between thanksgiving and Christmas. You heard it hear first folks. Save what you can. Don't take vacation. Every penny will matter. It will be massive. Geography, rank, reviews. In that order.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Shire
>
severance
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Pharma/Biotech Companies
>
Shire
>
severance
>