Thread regarding Devon Energy Corp. layoffs

Severance Package and Unemployment Compensation

Do you still have the ability to file for unemployment compensation if you sign and take the severance package?

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| 3501 views | | 11 replies (last January 26, 2016) | Reply
Post ID: @OP+FAkQwFi

11 replies (most recent on top)

Check out this Baker Hughes thread on the same topic: @AlKcMsg

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Post ID: @3ird+FAkQwFi

Severance package only counts the week you get the check. If it is lump sum counts that week but if paid weekly you don't qualify for unemployment until the checks stop coming. Save up some of the severance because unemployment is far from quick. Be sure you file anyway so everything is in place. Its all online and SLOW.

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Post ID: @3dkx+FAkQwFi

Severance package only counts the week you get the check. If it is lump sum counts that week but if paid weekly you don't qualify for unemployment until the checks stop coming. Save up some of the severance because unemployment is far from quick.

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Post ID: @3sah+FAkQwFi

Don't read CHK's severance!!! Devon's package is different. Read through your severance package agreement. I would file immediately. Everybody I know that had been laid off has received u/e every other week on top of their severance. Thank goodness, what a blessing.

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Post ID: @3jtp+FAkQwFi

Yes but you will get a tax form on it next year. It does not count as 'earned income' though. So SSA and or Obamacare is good to go even with unemployment INSURANCE payouts.

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Post ID: @2qzr+FAkQwFi

Here is another one, this one from Chesapeake's board: @DIY9faG

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Post ID: @1tbm+FAkQwFi

Here is a long thread on this topic (severance / unemployement): @AlKcMsg

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Post ID: @1yhx+FAkQwFi

Sure, if you want to be a layabout slacker welfare queen suckling on the government teat like a lazy, nonproductive piglet. Get a job, hippy scum!!

Hahahaha

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Post ID: @1mzj+FAkQwFi

Yes, sign your paperwork, get your severance package, and file for unemployment. This will not count against you.

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Post ID: @xfq+FAkQwFi

sometime unemployment wont start until severance runs out. Check with your local area

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Post ID: @wrr+FAkQwFi

Yes.

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Post ID: @yab+FAkQwFi

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