Thread regarding Dell Inc. layoffs

What is April severance like?

If bonus was paid last month then is any amount of another bonus paid in April severance?

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Post ID: @OP+1jrajf34a

8 replies (most recent on top)

You should get a pro-rated bonus based on how much of the FY you were there. If you are lucky enough to be in a state with PTO payout laws you will get a that too. If you used PTO before accruing it though you may have to pay it back.

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Post ID: @nj+1jrajf34a

@34a

Recent rounds have capped packages at 6 months.

Source: I've spoken to a few people who were capped.

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Post ID: @h0+1jrajf34a

base +1 week per year -capped at 26weeks.

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Post ID: @c1+1jrajf34a

Is it capped at the equivalent of a years salary?

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Post ID: @bg+1jrajf34a

yes 34a, it's still 2 months base +1

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Post ID: @b2+1jrajf34a

What you will get is spelled out perfectly in the Severance Plan Summary document available on the internal dell site.

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Post ID: @b0+1jrajf34a

@a6+1jrajf34a: did you still get 2 months + 1 week/ year employed that they offered in previous years?

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Post ID: @ah+1jrajf34a

Yes you get 3 months worth of next year's bonus at 75%. Or at least I did.

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Post ID: @a6+1jrajf34a

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