Does tmobile offer one or two weeks of severance pay for each year of service?
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It depends on your level - if you're an hourly employee - you'll get 1 week for every year. If you're a salaried employee - you'll get 2 weeks for every year.
The documents are available internally if you search for them. It's all standardized.
Best of luck...
So here is a question: working for t mobile 23+ years, now waiting to hear if in jeopardy. At the top of my position. Waiting to hear if I am staying or being let go. Naturally everyone is in the same boat (9 come on already).
- Is it 1 or 2 weeks severance
- Insurance ( i am no spring chicken)
Over 20 years with them. WTF.
Take the $ and Runnnnn
Everyone in my department (T-Mobile corporate office in Bellevue) got laid off today. Here’s what I got in severance:
My annual salary was $137,000.
They are keeping me employed until the end of August.
I will get roughly $40,000 in a lump sum after my last day (including any bonus I was to get at end of year)
I will get some stock but they didn’t say exactly how much
Health insurance will expire 30 days after my last day
T-Mobile just laid off multiple Bellevue employees. They are going out of their way not to disclose how many. Severance is vague. You get a lump sum that is roughly a week per year, prorated bonus, and some of your stock. Insurance is paid for 4 months. Employees were told by the CEO only redundant positions would be eliminated. However, other leadership claimed jobs were being move due to overcrowding at the Bellevue campus.
the Sprint severance package is 9 wks minimum, 1 week per year of service, $3k lump sum, full health, vision, dental & phone thru the end of the month when severance pay ends and still accruing PTO during final 60 days of employment.
We were told, more layoffs this week, with all final decisions made by June 29th. So we are all just waiting. It’s torture. Get it over with already. It’s a miserable spot to be in. The details, of whatever package will be offered, have not been discussed. The only information given was it could be our entire department or not... What a way to handle things!
Sprint offers 9 weeks minimum plus an additional one week of severance pay per year of service paid bi-weekly, health insurance continues during the severance payout period. Companies that elect to pay in lump sum harms the ex-employee not only with lack of health insurance but also the higher taxes paid on the lump sum. Cobra is still an option but that is not the point.
I was laid off in February. T-Mobile offers one week severance pay per year of service, paid in a lump sum.
When I was laid off at Sprint, they offered 2 weeks of pay per year if service, paid bi-weekly. Not sure if it’s the same now.
Also would like to know. Can any one share about either?
good question but if you are a sprint legacy employee you will receive the sprint severance package if laid off in 2020