My last day at INTC will be April 30th. I received a CPM + I am retiring on the 75 years rule. When will I receive the severance payment?
6 replies (most recent on top)
@1pbj Dang, that's cold, pb&j.
No wonder Intel is terminating you. You can't even read. The severance package literally states "The cash severance payments will generally be paid as soon as administratively feasible, generally within two payroll cycles on or after the Employee's Employment Termination Date" but that assumes you've signed the signed the severance agreement. But since you can't read, you'll probably not do it and get nothing. Hooray for the shareholders.
You should ask HR
It is 1-2 pay periods after your last day. So sometime in May most likely
When it is in your bank account. Duh
Why are you coming to this site to ask - where all the bitter posters were layed off 8-15 years ago?