As you may or may not know, the second SVS round is on going in NL and UK.
Can someone update if there will be a second SVS round in USA?
6 replies (most recent on top)
Those dates are related to the fit for the future exercise in the NAM/ONEgas West, where SVS is open to a relatively small number of UK employees working for ONEgas West as a result of the resizing (not Reshape) .
What is the SVS timeline for The UK?
Sept 7 – Oct 7
Window for requesting an estimate of your discretionary SVS payment and Expression of Interest for employees in scope
Mid-October
SVS decision business panels, including country reviews
October 16 - 19
Communication to employees on outcome by Line Managers
October 24
Documentation issued to employees
November 3
Deadline for signing documentation
March 31 2021
Last day of service / off-payroll date
There is No second round of SVS going on anywhere. When asked, every manager in US denies that there will be another SVS, specially with reshape coming.
New SVS round Q1 next year. Rumours say January.
There’s not a second SVS round ongoing in the UK. I’m based there and they have to tell us if there is.
I haven’t heard of any voluntary severance yet