Someone wrote here that they were offered two weeks of severance pay after over 15 years of service.
Really? Can the severance be any lower? Only if it didn't exist at all.
I’m disgusted to say the least because I thought it was bigger. Or maybe there was some change I didn’t know about?
The moral of the story - one should not wait for the severance but get out of here as soon as possible.
Policy is one week per year worked.
The "Family" deserves much more that to just fail. They all deserve to go to H(*&. They should take their familiars with them (GVP Class). All corporations are in business to make a profit, but when that is done with only short-term gain in view it is tantamount to criminality. As a former employee I remember how bad it was when employed there, and now I see that it is even worse. These fools have no shame! And the even more pathetically they are only in the end screwing themselves. Stupid is as stupid does.
For those who work at the HO and stores in Illinois - Illinois is an at will state and a company can get rid of you any time they want. No severance required. When I was rif'ed I got a fairly good package - 1 week for every year I was employed but a senior HR manager didn't like my attitude and told be that I should best shut up or we could give you nothing! So, your senior management managers are nothing but bullies that use their power to shut you up - to blame you for their stupidity. A far cry from their professed policy of We value each and every associate!
The family deserves to fail.
When I was RIF’d in 2014, I got a week for every year I’d been with follett. I’d been there ten years+. So they have really scaled it down in the last few years.
Lol, if it's based on wages over the past year, how many of us will get f*%! all?
No. I worked at a store where 4 women )each of whom had 15+ years) with the company were driven out without a penny paid in severance. In 2013 there was an unwritten policy to drive out long tenured employees so the company wouldn't incur the 1 week for every 2 years packages they were offering to shorter termed employees. When labor lawyers were brought in to win the severance, they were met with a team of follett lawyers. No lawyer would work with any of these high achieving people.
This is a direct first hand account of what happened. I knew each of these colleagues very well.
Are severance packages state-specific? One of my former co-workers got like 2 months of severance, and they were only with the company for like 5 years.