So I worked for a rather large well known IT company for 5 years... Got laid off past Monday. Based on my contract If I quit the company had to pay 5 days salary for each year I worked there. If I was laid off the company had to pay me 1 month salary after taxes for each year I worked there.
However They wanted for me to quit voluntarily for my severance to be 5,000 instead of 30,000. after negotiating with my lawyer they offered me 22,500 or 75% if I drop the lawsuit. If I decide to pursue the lawsuit it may take up to 18 months to 2 years for them to pay me based on previous similar cases AND there is a chance they may win the lawsuit and I will get nothing.....should I accept the 22,500 dollars or go for the 30,000?
I do not have any debts at the moment but not that many savings either, my wife earns enough for us to live 'just ok'....
This is not the kind of stuff I usually port here but advice will be appreciated....being unemployed is really depressing specially if you lost your dream job
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