Just found out they changed the policy manual on us a month ago and didn’t let anyone know. And it’s big. The old policy manual has an entire page dedicated to severance pay, how much you get, based on how long you’ve been with the company. IT’S GONE NOW!!! Watch your asses folks!!! Now the policy simply says you MAY get one and it’s up to the company on how much!!! They gonna clean house and no one is gonna get anything!!!
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Just a heartless mo–ns!!!! They are giving only 6 weeks of pay no matter how many years u served. Geez!! Before the change it was 2 weeks per 1 year of service..
Old manual said I can confirm the policy was changed. I took a screenshot of the policy from the 2018, as I anticipated Apollo would change it. The highlights:
FTEs ( >30hrs/wk ) with West are eligible to receive severance in exchange for an executed general release. Severance offers are subject to the following conditions:
Staff employees with at least 6 months of service receive a min. of 2 weeks severance for 1st year of service
E-prod/non-staff employees with >6 months get 1 week sev.
Partial year is rounded up if days of service exceed half a year
Max weeks of severance paid is 26, min weeks is 2.
For e-prod/non-staff positions max is 4, min is 1
Employees get 2 weeks sev. per year of service. E-prod/non-staff positions get 1 week per year.
Part time is not eligible for severance
Pay is based on salary and does not include OT, bonuses or commissions.
What is e-prod/non-staff mean? Can someone define these terms for us?
At Longmont we just got the new manual with 0 severance today.
I can confirm the policy was changed. I took a screenshot of the policy from the 2018, as I anticipated Apollo would change it. The highlights:
- FTEs ( >30hrs/wk ) with West are eligible to receive severance in exchange for an executed general release. Severance offers are subject to the following conditions:
- Staff employees with at least 6 months of service receive a min. of 2 weeks severance for 1st year of service
- E-prod/non-staff employees with >6 months get 1 week sev.
- Partial year is rounded up if days of service exceed half a year
- Max weeks of severance paid is 26, min weeks is 2.
- For e-prod/non-staff positions max is 4, min is 1
- Employees get 2 weeks sev. per year of service. E-prod/non-staff positions get 1 week per year.
- Part time is not eligible for severance
- Pay is based on salary and does not include OT, bonuses or commissions.
I have a West Policy Manual dated 7/1/19. This is the only reference to severance:
Reductions in Hours/Workforce
At times, it may become necessary due to business conditions to reduce the number of employees or work hours; these
decisions will be made at the discretion of the company. For reductions in workforce, severance packages in exchange
for signed separation agreements and general releases may be provided at the discretion of the company. Employees
impacted in a reduction in force, not for cause, are eligible for rehire.
Does any one have a copy of the previous version to confirm?
Not sure what @5hfv+13gjBNyC was talking about. The policy manual was clearly modified. It used to have specific language describing the basic severance calculation criteria, but that has been removed and replaced with vague language to indicate severances are now at the discretion of the company in exchange for signing separation agreements.
Does anyone know what is the severance package?
The Intrado manual on severance did not change
Or, the layoffs are done so policy not needed.
No severance means no non-disclosure and we can sound the alarm to the media. After the impeachment circus is wrapped up soon, the media will be on to the elections. And regulation of private equity is a top hot button issue. The media will be more than happy to shine a light into the corners of Apollo. PE’s day is swiftly coming to and end. And if they don’t pay us severance, they merely hasten their own demise.