Has anyone taken the VSP package and were able to get on unemployment, or do you know if you can qualify for unemployment
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As someone impacted by last year's ISP, we know VSP is a clear message to get out. Last year several older white males I know were told by their managers "I cannot protect you next round", which basically means take the package while you can. With VSP you leave on your own terms and can (ostensibly) come back on your own (but why would you want that unless as a consultant).
With ISP it's a permanent mark on your record. When the next employer calls the HR hotline for employment verification they tell your prospective employer "this employee worked here from xxx date to yyy date and cannot be rehired". That's when the prospective employer's HR buckets you in the "laid off for bad performance" category and your chances of getting hired are lowered. Unless you're a diversity candidate, the bigger tech firms won't touch you. I actually had one HR person tell me that they were told to "steer clear" of any Intel employees laid off around last July as they won't want the bottom of the barrel folks. With VSP you can at least tell the interviewer, truthfully, that you felt it was time for a change anyway and could not resist the nice, fat, VSP package so you took it.
The only real benefit of ISP is unemployment for 6 months @ about $500+ every 2 weeks. However be warned, I found this to be extremely demeaning. The unemployment office will make you jump through a series of ridiculous administrative hoops to sap your already low morale even further, as it you weren't trying hard enough to get a new job. Their goal is to avoid paying out (anytime you're on vacation or out of state) and kick you off unemployment as soon as possible. Does not matter that you've put in 10-20 years into their coffers.
VSP has always been voluntary. It has been that way for almost 20 years. And ever since they have been using it they have been encouraging some people to take it. If they encourage you to take it generally means you are are not on solid ground. Get out while the getting is good and your reputation is intact.
VSP means they don't care if you leave.
Many people who are VSP eligible are taking them. I would say have a talk with your manager, if the manager doesn't give you enough confidence in their reply about you taking the VSP then I think it's better you take the VSP now. And have a chance to later be rehired by Intel. However if you feel your manager has your back, then don't take it because probably they will promote you mid year or next year focal.
I wonder if in a VSP there is the option to get hired again in the future? The ISP states you can never work at Intel again.
BS. If that were true then it would simple be better to wait for isp: a few more weeks of income and then get the same package.
lol liar.......... stop trolling
LOL... if someone threatening you, you can always open door it to HR... unless you have Union...
Why are you threatening VSP eligible employees? I do not think they are afraid of you anyway.
I don't get it - the packages are virtually the same. VSP now vs ISP maybe later?? Why not gamble?