Thread regarding Citigroup Inc. / Citibank / Citi layoffs

severance package

other banks in wall street typically offer 2-3 weeks of salary for each year of service plus new york mandated 3-month notice period. so if you have been working for a bank for 7 years, you are usually entitled to receive 20 weeks salary plus 3 months paid notice period which add up to a total of 33 weeks. but there is usually a cap. so if you worked 20 years, you probably get no more than 15 months salary in total.

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| 1284 views | | 1 reply (March 26, 2024) | Reply
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Benefit handbook should tell you

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