This month we all find out if we got raises and what our new salary will be. If I take the EOI will it be based on my salary today or my salary as April or whenever my last day is?
8 replies (most recent on top)
If you have earned the vacation hours, they have to pay you out.
If you started the year with a 0 hour balance and take the package, they will only pay out what you’ve earned so far through the year. So if you get 4 weeks per year, started with 0, took no vacation in 2025, and your last day was June 30, you would be paid out for the 2 weeks you earned over the first half of the year, NOT the full 4 weeks you would earn over the entire 12 months.
“If you EOI or are laid off, unused accrued vacation gets paid at separation?“
NOPE! So if you think you’re going to leave (especially if you are taking the accelerated EOI option), use your full vacation allotment or lose any unearned 2025 vacation.
They made a change to the vacation policy a few years ago.
last drawn salary
If you EOI or are laid off, unused accrued vacation gets paid at separation?
How will 2025 CIP work if you get EOI or laid off? Is it prorated for 2025 time spent in seat and paid in March 2026, or is it handled differently? Round 1 EOIs will have worked half of 2025 and Round 2 EOIs will have worked most of 2025.
The calculation was done at current time, but it should update with any raise and any increased length of service up to the point of separation.
It will be what you are making at time you separate
I looked at my severance payout in the Workday system on Thursday before they removed the information from the system and my payout was calculated as of Feb 13th, 2025 with an eligible end date of Dec 2026. The amount was calculated based upon the salary as of Feb 13, 2025 (no raise for 2024) including time of service as that date. based upon this information, it appears the severance is locked at the date of the announcement but that could change as the phases of layoffs are implemented in the future.