Thread regarding Optum layoffs

Severance question

Can anyone from previous layoff waves provide insight into how long it takes to receive your severance? I was part of the late January wave, signed my paperwork on 2/6 (my term date), and curious how long it takes to receive the severance?


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| 1261 views | | 12 replies (last February 28) | Reply
Post ID: @OP+1kjba41e7

12 replies (most recent on top)

I was part of 2/6 and submitted my paperwork last week. I got paid today.

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Post ID: @mf+1kjba41e7

I also received my severance and RRP bonus today. I also start my new job in a couple weeks. It’s been an amazing time since being RIFed to be honest. God works in mysterious ways!

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Post ID: @md+1kjba41e7

They say it takes 2-3 pay periods to get the severance. My last day was 2/6 and I got paid today. I don’t not all that was included with the severance. I’ll call and request that they email my paystub.

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Post ID: @ky+1kjba41e7

@OP, I was part of the 2/6 termination group and received my severance today. Hope you do as well.

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Post ID: @jr+1kjba41e7

@b6 if you would have read rrp policy…of course it was paid out

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Post ID: @f4+1kjba41e7

read page 3 again

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Post ID: @e0+1kjba41e7

@b3 me as well. I was part of 2/6 layoff..signed severance on 2/7 and today I checked with employee center that I will receive my severance and RRP award on Friday . They also sent me payslip via email as they are available on wed prior to payday. Btw some of my direct deposit was received today in banks that post 2 days prior to Friday payday. I have 3 banks set up for direct deposit and 2 received today.

I was pleasantly surprised to receive my bonus money as I thought you had to be employed when they pay it.

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Post ID: @b6+1kjba41e7

The 15 day revocation period needs to expire. So that would've been on the 21st. I bet you see it this Friday.

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Post ID: @b5+1kjba41e7

I was also in that layoff and another teammate in the group got her severance and bonus today. Im still waiting on mine but Im anticipating Friday.

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Post ID: @b3+1kjba41e7

1 pay period after my last paycheck (3 weeks from last day worked)

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Post ID: @as+1kjba41e7

@OP I was laid off in October and my sign date was mid Nov. I got my severance early mid December

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Post ID: @an+1kjba41e7

@OP, I signed my severance agreement on January 6th, and was paid my severance on the January 31st payday. Your mileage may vary based on your bank and if you generally get paid a couple of days early. Hang in there!

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Post ID: @a1+1kjba41e7

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