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<p>[QUOTE="Anonymous, post: 2121748"]For those that have never been on unemployment, please be aware that it is a little extra money to help you get through, but is in no way going to be even close to what you made while you were employed. </p><p><br /></p><p>Most people are mistaken if they think they are going to going to be able to live on unemployment alone.</p><p><br /></p><p>Unemployment benefits vary by state, and somewhat by the salary you made. However, they are usually capped off at one top-level, regardless of what you made.</p><p><br /></p><p>For instance, I live in FL, and was making almost $100K base, and about another $35K+in bonuses. I qualified for the highest level of unemployment pay the state allowed, which was capped at approximately $267 per week. After taxes, the amount was even lower.</p><p><br /></p><p>I was able to collect unemployment even with a severance, because the severance was lump-sum. I did go ahead and file, even though I knew the benefits were so miniscule because after 16 years with the company (job lost in merger), I did feel I was entitled, and even though I didn't need it to live on, who am I to pass up an extra $200~ per week? </p><p><br /></p><p>The low benefit payout are also cause to think if you are ever faced with the choice of being terminated (probably eligible for unemployment) or being allowed to resign (probably not eligible). Many people think "No way am I quitting - I'm going to make them pay my unemployment." However, in the grand scheme of things, the few extra dollars per month is not worth having the black-mark on your work history. Would much rather say I resigned than was fired.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 2121748"]For those that have never been on unemployment, please be aware that it is a little extra money to help you get through, but is in no way going to be even close to what you made while you were employed. Most people are mistaken if they think they are going to going to be able to live on unemployment alone. Unemployment benefits vary by state, and somewhat by the salary you made. However, they are usually capped off at one top-level, regardless of what you made. For instance, I live in FL, and was making almost $100K base, and about another $35K+in bonuses. I qualified for the highest level of unemployment pay the state allowed, which was capped at approximately $267 per week. After taxes, the amount was even lower. I was able to collect unemployment even with a severance, because the severance was lump-sum. I did go ahead and file, even though I knew the benefits were so miniscule because after 16 years with the company (job lost in merger), I did feel I was entitled, and even though I didn't need it to live on, who am I to pass up an extra $200~ per week? The low benefit payout are also cause to think if you are ever faced with the choice of being terminated (probably eligible for unemployment) or being allowed to resign (probably not eligible). Many people think "No way am I quitting - I'm going to make them pay my unemployment." However, in the grand scheme of things, the few extra dollars per month is not worth having the black-mark on your work history. Would much rather say I resigned than was fired.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
General Discussion
>
The Darkened Sample Closet
>
Unemployment after getting a severance package?
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
General Discussion
>
The Darkened Sample Closet
>
Unemployment after getting a severance package?
>