Reddit
reddit.com › r/amazonemployees › pivot severance calculation
r/amazonemployees on Reddit: Pivot Severance Calculation
February 19, 2024 -
Is there anyone here who recently went through the pivot/PIP process and was offered the payout?
Can you drop in your base salary, tenure, and the amount they offered you?
Trying to calculate how much I’ll get when the inevitable happens :)
UPDATE - Already in the comments but bringing up here. Thank you u/MrHaVoC805!
Payout = 10 weeks of base pay + (basepay * 1%) * (tenure in months /12)
My example
Pivot Payment - Pre-Tax: $24,495.63
Base Annual: $88,600
Tenure: 8.42 years (101 months)
$88,600/52 = $1,703.85
$1,703.85 * 10 = $17,038.46
$88,600 x 0.01 = $886
$24,495.63 = $17,038.46 + ($886 x (101/12))
After taxes, I ended up with closer to $17.5k (absolute robbery) but that of course depends on your own tax deductions.
Top answer 1 of 5
5
Here it is: 10 weeks of base pay +( basepay* 1%) * (tenure in months /12). Example, for calculating it with a $95k base and 2 year tenure: $95k/52 = $1826 $1826*10= $18,269 Then 95k x 1% = $950 Tenure 24 mo / 12 = 2 $950 x 2 = $1900 You get $18,269 + $1,900 = $19,219 My pivot payment was $34k, and that was with 7yrs tenure with a $135k base; so the math checks out with the above example
2 of 5
4
I am assuming all of these are US based calculations. Anybody knows calculations over in EU and India?
Reddit
reddit.com › r/amazonemployees › amazon severance package
r/amazonemployees on Reddit: Amazon Severance package
January 4, 2025 -
Are the details of the renumeration of how many months that the amazon is liable to pay to employee as a part of severance, not mentioned in the terms of employment? or is not informed at all beforehand?
Top answer 1 of 5
36
Here's the formula they use for Pivot tier one severance: 10 weeks of base pay +( basepay* 1%) * (tenure in months /12). Example, for calculating it with a $95k base and 2 year tenure: $95k/52 = $1826 $1826*10= $18,269 Then 95k x 1% = $950 Tenure 24 mo / 12 = 2 $950 x 2 = $1900 You get $18,269 + $1,900 = $19,219 My pivot payment was $34k, and that was with 7 yrs tenure @ $135k base; so the math checks out with the above example.
2 of 5
7
No, these details won't be spelled out in the documents you sign. Because Amazon doesn't have to pay you any severance, and in some cases won't, depending on why you're being let go. Layoffs vs. Pivot vs. fired for cause are all going to be handled differently. With Pivot, you usually want to take the first package offered, as they only get stingier if you hang on and try to "improve with Amazon".
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stlawyers.ca › blog-news › aws-severance-packages
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fired.fyi › blog › amazon-layoffs-2025
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Blind
teamblind.com › layoffs › amazon pivot calculation
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April 20, 2023 - Example for calculating it with a $95k base and 2 year tenure: $95k/52 = $1826 $1826*10= $18,269 Then 95k x 1% = $950 Tenure 24 mo / 12 = 2 $950 x 2 = $1900 You get $18,269 + $1,900 = $19,219 ...
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I’m a level 4 software engineer at Amazon and I think I’ll be piped soon. I’m pretty miserable at the company but I don’t want to quit since I’ve heard amazon gives 3 months salary as severance. However I can’t find any hard information on this. Does...
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monkhouselaw.com › home › amazon layoffs in canada: what employees should know about their rights and severance
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Severance Package Details and Comparisons | fired.fyi
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CGAA
cgaa.org › employment › understanding amazon termination pay and severance benefits
Understanding Amazon Termination Pay and Severance Benefits
January 20, 2025 - You can use a Severance Pay Calculator to double-check the amount of severance pay you're owed and determine if your employer's offer falls short.
JustAnswer
justanswer.com › ca-employment-law › ld86f-just-received-notice-employer-amazon.html
Amazon PIP and Pivot Severance Package Q&A | Expert Advice
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CNBC
cnbc.com › 2023 › 01 › 20 › google-amazon-microsoft-meta-twitter-severance-packages-compared.html
Here are the layoff severance packages Google, Microsoft, Amazon and other tech giants have promised
January 20, 2023 - Amazon has been going through rolling layoffs since last year. In November, it began job cuts that primarily affected units such as recruiting, and devices and services. At the time, the company offered its devices and services employees a severance package that included a separation payment, transitional health benefits, and job placement.
Nailyourjobinterview
nailyourjobinterview.com › should-you-take-amazons-voluntary-resignation-offer
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December 30, 2022 - $297/Week for 12 weeks, which can be used to offset COBRA premiums in alignment with the 3 month base pay plus $297 per week for severance based on tenure calculation
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timetrex.com › home › resources › severance pay calculator
Severance Pay Calculator - TimeTrex
September 25, 2024 - This is your yearly salary or basic pay before any deductions. Make sure to enter this amount accurately to get the correct calculation. ... This is the total number of years you have worked with your employer. Only enter full years of service. ... Select your current age, specified in years and months, from the dropdown menu. This will be used to adjust the severance pay based on your age.
Intoo
intoo.com › home › what is severance pay and how is it calculated?
This Is How to Calculate Severance Pay
June 25, 2025 - Looking for a severance pay calculator? In some instances, you may be able to calculate severance pay yourself for your employees. The most common way to work out severance is to base it on an employee’s salary and the number of years they’ve worked for your organization.
Jpakemploymentlaw
jpakemploymentlaw.com › home › amazon layoffs – know your rights
JPAK Employment Lawyers Toronto | AMAZON LAYOFFS – KNOW YOUR RIGHTS
January 27, 2025 - If you have been provided with a severance package, carefully review it and determine what happens to your current fiscal year bonus. Are you receiving incentive compensation for the period of the fiscal year that you actively worked? Further, has Amazon properly taken short-term and long-term incentive compensation into consideration in evaluating your severance?
Fortune
fortune.com › 2022 › 11 › 21 › tech-layoffs-severance-package-meta-twitter-netflix-lyft-snap-shopify-microsoft-amazon-stripe
How Google’s severance package stacks up to Twitter, Amazon and 9 other tech companies | Fortune
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Moneycontrol
moneycontrol.com › home › news › business › startup
Amazon’s severance packages for 18,000 laid-off employees cost $640 million
February 3, 2023 - Those who took it up were offered a lump sum severance equivalent to 22 weeks base pay, one week base salary for every six months of services up to a maximum of 20 weeks, medical insurance for six months and notice period or pay in lieu of it.