Why aren't any of the CEO's who make millions and millions of dollars a year taking the VSP and being transparent about it?
LEAD BY EXAMPLE!!
UNSTABLE PILLARS - FOSTER A HEALTHY ENVIRONMENT, DRIVING BUSINESS ACCOUNTABILITY
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I know a lot of people are worried about unemployment with VSP vs layoff ...
Even though you “voluntarily” leave, most states treat certain buyouts like layoffs if:
- The employer is clearly reducing workforce (RIF, restructuring, downsizing)
- You were given the option to leave or risk being laid off anyway
- The program is part of a company-initiated separation plan (like Centene’s VSP)
👉 In these cases, states often consider it “no fault of your own”, which is the key requirement for unemployment.
One nuance to be aware of
Even with a layoff, your benefits can be affected by:
- Severance pay -Some states delay benefits while severance is being “paid out”
- PTO payout - Usually not disqualifying, but can affect timing
@OP Hey Hey, Ho Ho, Sarah London has got to go.
Yep!
True sh-t