I know, I know.... been asked before... yada, yada... but those of us who were laid off wanna know when our "final payout" shall arrive...
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Apb payment received last night! I took erp back end of sept.
@pd I left in July last year, and I can confirm I see a payment pending for Feb 18.
I called AskHR and payout will be on Feb. 18th but for ex-employees, they don't have any numbers to share so they didn't give me my payout number.
A few thousand shows pending in my bank account this morning.. pretty sure that’s the APB. Worked 10.5 months last year, laid off Nov. 15 in US.
I already spent it on a nice LEGO set
No no you’re thinking a bigger set than it covers
It comes the same time every year - jeez , engage the brain a little ffs
What does it matter? How much do you grade 10’s get? If you’re a tech it’s sh--e.
Is final APB number came out? What percentage it is for average rating?
2/18 in the us
In 2024, APB was deposited around Feb 15. I would expect the same for 2025.
Should have been part of the lump sum severance package. Off the books in 2024. Stretching payments into 2025 is bad for company finances. I hope this is the last one.
For the stupid, bonuses are paid retroactively. I worked 9 of the 12 months last year. So I get paid 9 of 12 months of bonus. It is part of the legal pay package. When you leave you will be treated the same.
So employees who no longer work for the company by choice are still on the company payroll and receiving bonuses? That sounds like a stupid way a company into the ground.
I wrote down mid-March for the APB in my meeting notes. (The 401k true-up was supposed to happen in January, but that didn't work the way I thought, so I didn't receive anything for the "true-up".)
So on Intel's balance sheet, ~28 cents / share will be going down the drain to retired grifters in 1st quarter, instead of contributing to earnings. Way to go CP.
I did ERP as well and expect the APB and any 401k true up to happen in Feb.
Wondered if some prorated retirement plan adjustment might happen as well but I don't recall that being mentioned so probably not.
Thursday 13th February in Ireland. I took ERP in October 2024.