Name: Maximizing a Severance Package 9/9 - Summary
Uploaded: 2024-07-02T23:17:05+00:00
Duration: 2 min 2 s
Description: Watch Ethan's other course on Taro about Managing Up

Maximizing a Severance Package 9/9 - Summary

Watch Ethan's other course on Taro about [Managing Up](https://www.jointaro.com/course/managing-up-build-effective-relationships-with-your-boss/).

- Connect with [Ethan on LinkedIn](https://www.linkedin.com/in/ethanevansvp/)
- Subscribe to [Ethan's Level Up community](https://levelupwithethanevans.substack.com/?utm_source=taro)
- If you liked this course, here's a 20% discount off any of Ethan's courses: **TARO**. You can apply it at any of the courses here: [**https://ethan-evans.mykajabi.com/**](https://ethan-evans.mykajabi.com/)**.** These career growth courses are developed from his own knowledge and input from his extensive network of fellow coaches and executives.

Watch Ethan's other course on Taro about Managing Up

Layoffs are the temporary suspension or permanent termination of a group of employees for business reasons, such as personnel management or downsizing an organization.

"Should I negotiate?" Answer: “Is water wet?” It's not often just sending a few emails can literally make you thousands of dollars. It’s worth a shot.

A performance improvement plan, also known as a PIP, provides an employee with low performance an opportunity to improve their performance by following an actionable plan.

A performance improvement plan is a process between a company and an under-performing employee to help increase the productivity of an employee

A good performance improvement plan has actionable steps for an employee to demonstrate that they can perform to expectations.

A performance improvement plan outlines clear goals to raise an employee’s work up to expectations

This is an absolutely vital process for any employee in tech to understand, especially in a world of stack-ranking and layoffs.

Doing this properly is a hard requirement for professional success. As a software engineer in particular, this relationship needs to be carefully navigated to achieve maximum impact.