Thread regarding Neiman Marcus Group layoffs

NMG Severance Pay

Do you know what a typical severance package this year is? Anyone plese?

by
| 4713 views | | 12 replies (last November 4, 2020) | Reply
Post ID: @OP+DLEBrKP

12 replies (most recent on top)

Does anybody know long can I receive the severance check it’s more than a month and who should contact about it? thank you.

by
| | Reply
Post ID: @u0qzh+DLEBrKP

Hi I just located tracking# & it was received on 9-4 @ 11 o'clock, so you did get the signed packet I was to return to you, please let me know when severance pay will be sent , Thank you, Gloria Ibarra

by
| | Reply
Post ID: @tfxsq+DLEBrKP

After 32 years with the company I am receiving 26 weeks. What a slap in the face....

by
| | Reply
Post ID: @fcM8+DLEBrKP

"Hopefully most will find a new job before the package runs out." - this is a VERY long shot

by
| | Reply
Post ID: @aYV6+DLEBrKP

The severance packages are described more generous than they are, but the packages are livable and do offer cobra. Hopefully most will find a new job before the package runs out. Those of you awaiting performance appraisals, beware, you are probably next.

by
| | Reply
Post ID: @8J3U+DLEBrKP

It's 1 week for every year you were there plus a possibly added 2 weeks.

by
| | Reply
Post ID: @1NN6+DLEBrKP

For hourly and commissioned employees that have been employed at least a year is about 3 months pay.

by
| | Reply
Post ID: @1E8D+DLEBrKP

Thank you Anonymous171220

by
| | Reply
Post ID: @1l8s+DLEBrKP

Minimum 6 weeks pay for everyone, then 1 week pay for each year of service over six years. Max is 28 weeks. Cobra also offered, based on length of service.

by
| | Reply
Post ID: @15ZA+DLEBrKP

Any takers? Why so silent?

by
| | Reply
Post ID: @b9H+DLEBrKP

I thought it's a week for each year of service, it's capped at 8 weeks. That's what I remember, but I left in 2008

by
| | Reply
Post ID: @zrV+DLEBrKP

I'd like to know the same - anyone please?

by
| | Reply
Post ID: @uT4+DLEBrKP

Post a reply

: