I'm a band 8 practitioner in IBM Consulting and recently got PIP'd for low utilization. My manager agrees with me that this wasn't my fault as I was let go from my previous project with less than a week's notice and wasn't given enough heads up to search for my next project, especially with a shortage of signed work. I am given 30 days to find myself another project. In any case, I did plan on leaving the company in the near future so was thinking what my options are right now. Here is what I am finding after some research and wanted to see if anyone can provide more input:
- Job hunting with the intention of failing the PIP - This seems like most possible outcome since there are a shortage of projects so wondering what the implications are if I fail the PIP. Most obvious answer is that I will get terminated but will I get severance? Will I be eligible for unemployment benefits (located in California)? Will this negatively reflect on my employment history when job hunting?
- Resigning - I am seeing recommendations against this as this makes me ineligible for severance or unemployment benefits. This loops back to point 1. Suppose that failing the PIP results in no severance or unemployment benefits, what's the harm in straight up resigning prior to PIP expiration date?
- Severance Package? - Articles suggest that I should look into negotiating a severance package. Does this even seem viable?
I know I'm leaving out some other considerations here so please chime in if I'm missing anything.