WFR from Aug 9. They are so backlogged it took a month to get my severance.
HR closed out the first batch.
Now they have bandwidth to start processing September layoffs.
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8 weeks base severance plus 1 week per completed year of service capped at 26 weeks max total severance, Plus pro-rated IBP paid at 75%.
All comes in 1 lump sum in 1 to 2 pay cycles after your notice.
what was the severance payout? months + weeks. Capped?
$180,000, 15% bonus, Sr. Pri. Sftw. Engr. Washington DC
For your last pay check did you feel it was short a week. They said they pay the same week but I don't believe that to be the case.
@vag (nice randomly generated username btw)
Don't forget that your severance amount may not even qualify you for unemployment benefits! Maybe they'll cough up a couple extra hundred dollars but that's all you'll get!
Post the total amount you recieved.
This is an anonymous forum.
it comes in one lump sum.
And I am so happy and feel blessed to be able to share 37% of my severance to the US government.
Does it come in one lump sum or across the next several months?
Woot woot!! Time for a good beer!
I'm sure the Banks and Mortgage Company are ok being paid late