Does anyone know the current Severance package in the US?
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But for sales? We don't get those bonuses.
@en absolutely capped at 18 weeks - 1 week pay per year of service (up to 18 weeks/years) plus two months pay, for a maximum of 26 weeks. Bonus is 100% payout for last year plus 75% for the one week prorated for this year. So anything over 18 years is a big FU from Dell.
are we absolutely sure about that 18 year cap? i hear conflicting stories - speaking as someone with over 25 yrs....
@be They capped it a while ago. When I got WFR last fall, it was insult to injury that something like 6 years of service was ignored.
Just laid off, US. 6 months and 1 week for every year plus 90% bonus and all RSUs vested. Not too bad, disclaimer that I was a low level exec
Sounds the same to me.
Max = 8 weeks (2 months) + 18 weeks
= 26 weeks (6 months)
@b7 so this year they are sc--wing people even more! It was two weeks per year before now, up to 6 months. F this company.
@an - the cap is 18 years. so two months + a weeks pay per year of employment with 18 weeks (years) being the max
Will let you know tomorrow morning lol
is there a cap on the number of weeks/months?
@OP two months + one wk/full yr of service