Thread regarding Ford layoffs

Dealing with this now, anyone know if its actually fair? Feel very let down after years of service.

They also prorate the vacation time. If you didn’t work the entire year you don’t get the entire year’s vacation.

@ap and @cg have the correct answer. If you use all of your vacation in January and quit right after you'd owe all of that time back.

I get that @op can't check policy now, but you basically earn 8 hours a month if you yearly allocation is 10 days.

Actually, 80 hours there is general item at the paycheck. Even severance lump sum payment also shown 80 hours there.
To figure your vacation payment:

1. How many vacation weeks you earned for whole year by book?
2. How many months did you work for this year? 5 month
3. How many weeks did you earned this year =( Item 1)/12months *item 2
4. Pay check = item 3 * weekly pay rate - used vacation cost

HR was helpful for me - i’d recommend calling them

@OP - I had the same questions. They send me small check around $300
For 80 hours vacation days. I have send then email and waiting for response. It amazes me how this company some its corners and waste millions f dollars everyday.

Mine was as expected using this calculation to get hourly rate ... yearly salary / (52 weeks * 5 days/week * 8 hours/day)

Take them to court and sue, it isn't that difficult

You seem to be under the impression that "unused vacation time" magically translates to your full, regular salary rate for the entire 80 hours. That's not typically how it works, especially when you're no longer an active employee.

There are numerous factors that influence the gross amount of your final pay, including the proration of vacation time upon separation, any outstanding deductions, or even the specific company policy on how accrued but unused vacation is paid out.

Reading the company policies when they're distributed might prevent such "very strange" revelations.

FYI 4.25% is the Michigan State withholding percentage.

Severance payments get taxes withheld at the supplemental rate which is 22%.

So 22% + 7.65% (SSI and Medicare) + 4.25% = 33.9%

So if you were paid $10000/month. 80 hours would be ~ $5000 * .661%, and you would net $3305.

As the previous poster said, to get the 7% back (assuming a 15% federal tax percentage) when you do your taxes next year.

Any payments paid as severance, for which you have not actually worked, or you have not been employed when the payment is issued, is by default subject to 50% tax deduction. You will get a refund when you do your tax return though.

Contacting payroll is the right next step. See if you can get the paystub. That should have the details. Perhaps your former hr rep or supervisor can get it for you.

Good luck and keep us posted.

@a3 OP here, no, it's significantly lower than that.
I did this calculation already.
If the vacation pay was paid at same rate as full time pay, then for 80hrs, I'd essentially get half months paycheck.

Try multiplying your hourly rate by 80. Does it match what you got (before deductions)?

[[Your hourly rate is your salary is your annual divided by 52 weeks divided by 40 hours]]