Anyone received their new ‘updated’ severance packets? Figures look the same as estimated numbers we got in may, which were figured on last yrs pay/earnings. And they want us to sign that and release them?
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I got my second package. I am a FT "Merchant" The $numbers$ are consistent with the earlier package! Please note the $numbers$ page is doubled sided! I Can't complain with the current $package$! The waiver/release agreement I'm just gonna sign and send its on the way! I Been in a very similar situation before, I Did Not get hosed! If you try to change the agreement, good luck with that! I don't feel cheated helping them continue their business! Been "looking" since May 7th, plenty of latteral (?sp) moves, But I wanted the package in my situation! FYI-The waiver/release agreement may affect your severance pay out by the unemployment office!
Ups, I have a feeling that was calling the original poster not too smart, didn’t even receive his packet yet. I did, and the OP was correct. Exact same numbers in cover sheet as we received back in may. If nestle was gonna pay us diff why arent thise numbers in the final packet? Or at least an explanation? I will be calling HR fir sure
just curious... i haven't received the new ‘updated’ severance packet. Does it come through regular mail, UPS, FedEx?
You know people are going to just sign this package and send it in. If they do the before 10 days before the last day worked it clearly states they can not pay you.
Yea im getting close to 60k im a real fool... and i have a job lined up. How much did u get when u left?
You’re all getting cheated because you stayed and helped them eliminate your job ! You just don’t get you should have left and gotten a new job
Try to earn your coworkers about something and they just want ti keep their heads in the sand. Oh, hope it all works out for them, im sure it will. If you dont realize your getting screwed, I guess it ok
The figures are in a totally separate page that you dont have to sign and return. The actual papers you sign and return just has a bunch of legal speech that covers them and their right. Kind if like signing a house contract without the sale price on it. But if you dont sign you get nothing. Im hoping HR gets flooded with calls in the coming weeks and revises this
There us a part in there that says you have agreed that you have received all wages, commission, overtime pay, at time you sign. Guess you dont want your final check lol. They suggest you paying a lawyer to look at it. Great
To the smart mouth that kniws everything. When you sign a severance agreement, you are releasing them from all litigation, you are also agreeing to the amount they set forth. I am commissioned, and have earned way more in the past 6 month than the estimate, also severance on this ( current) packet is figured in pay before our raise. What im trying to say, if you sign this, and nestle doesnt pay you what you thought you should get, you have no recourse. So I guess smart guy you should just sign the estimate and put your hand out, close your eyes, and hope they do you right.
Read all sections and language. If you turn it in tok early you forfeit your severance.
It's based on 40 percent of gross pay. So I took gross pay total after may 3rd, gross pay total around nov 23rd. Forty percent of the difference of both amounts is a guesstimate on what you should get paid. That will factor in overtime as well.
so if you grossed 32 k
so forty percent of that- 14.4k is your 40 percent pay.....
This guy is just not smart. Estimates were based on 40% of 6 months potential earnings of THIS YEAR. If you are a salaried employee, then I doubt your salary is drastically different than last year, so the numbers may look similar. Let's really think about your notion. Ask yourself this question, genius: How would they be able to base severance off last year for employees that weren't with the company last year?
Yes but if you worked overtime should be a difference in pay out.