Thread regarding Devon Energy Corp. layoffs

Severance Package

I thought we got the severances package regardless of getting a new job. I was wrong, we loose it!

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| 2681 views | | 6 replies (last April 15, 2016) | Reply
Post ID: @OP+GTuZ8er

6 replies (most recent on top)

Devon only knows what their previous employees communicate to them. If you get a new job, why would you notify Devon letting them know?

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Post ID: @2dut+GTuZ8er

Whatever was on the paperwork you received on your way out the door is what you will receive no matter what. If you get a job before the end of the warn period it stops until after the paperwork is signed and processed. We are sending paperwork out this Friday I believe and everyone should have it by mid week. It has to be signed and returned for the severance package to begin. There is a 10 day period between the day we receive the paper work and the time we can process it. In the mean time you will be receiving your PTO pay at some point in the gap. You will be paid the full amount that was listed on the estimate. It is just a matter of when you will receive the balance of that estimate. If there are any questions, please feel free to ask. I will try and answer. Please be watching for the paperwork. It is very important it is returned as soon as possible.

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Post ID: @2mil+GTuZ8er

You have to sign severance paperwork stating that you agree with all of the terms. It is the same paperwork we signed when we were laid off.

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Post ID: @1ejw+GTuZ8er

What is the paper work?

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Post ID: @lqf+GTuZ8er

I got another job and am still recieving my severance. You just have to complete the paperwork prior to continue to recieve payments. In the future, contact HR prior to spreading misinformation.

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Post ID: @tbb+GTuZ8er

you loose the warn portion of it meaning benefits and you stop getting PTO. but you get your full severance regardless.

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Post ID: @lly+GTuZ8er

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