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/) and [The Growth And Promotion Recipe](https://www.jointaro.com/course/the-growth-and-promotion-recipe-magic-loop/)

Follow ups:

- Connect with [Ethan on LinkedIn](https://www.linkedin.com/in/ethanevansvp/)
- Taro members get a discount to join [**Ethan's Level Up community**](https://levelupwithethanevans.substack.com/taro25)

Watch Ethan's other course on Taro about Managing Up and The Growth And Promotion Recipe

Follow ups:

Connect with Etha

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.