Well my fellow co workers the ride is over for me . My last day is the 29th of june i am taking the package . I cant stay in a company that treat its,workers like this . I have come to realize this job has become a dead end. And in 2018 there will be no future here for me anymore good luck fellas.
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@NOFdUi0-arvd If you are paid severance in NYS you are eligible for unemployment. First you apply for unemployment on your 1st day out of work, then You wait 30 days to submit your signed contract. Since you did not receive any severance payments within 30 days of separation you are now eligible.
https://labor.ny.gov/formsdocs/factsheets/pdfs/p825.pdf
I also speak from experience.
Just so you know, you can not collect unemployment in New York till your severance runs whether you got a lump sum or bi-weekly. Good luck out there.
To the idiot who thinks every one at ats only has the two choices to either leave or be fired... there is a third. Come in, do 8 hours, go home. Collect a check, and enjoy the 16 hours a day your not at work. We still get paid more, and even with the cut on out vacation/sick time get more than most. Last I checked there's no cable company that can do tc without techs... maybe the good ones are all we need. And the crying union rats should find another ship.
To the Bklyn Tech who remembered Apple thank you for the well wish. I took the package back in February so far all is well. best wishes to you and all the guys
"lump sum pay of 10K" ??
That sounds like complete BS. Policy is 2 weeks for every year of service. period.
It must be noted however, Altice reserves the right to bend or break any of their policies as they see fit. Quite possible that they may have secretly done this before and have the exiting employee sign a non-disclosure agreement.
I know for a fact that in the past, pro-company technicians have been bribed off by management.
So if you worked 5 years, you only get 10 weeks severance pay? I heard there was also a lump sum of $10K on top of that to people who are being laid off.
So it's 2 weeks for every year of service and that's it?
I am one of workers who took severance in December of 2016. They took out the 47 percent taxes, my financial/ tax accountant said not to worry, I will get back the over payment come 2018 when he figures out 2017 taxes. Also word to wise take your money out from 401k and cash balance plan. Roll it over you can get a better deal some where else.
Yes bi weekly, I am a recipient of such. So I'm speaking from experience.
The lump sum is taxed at 47 percent not bi weekly
Lump sum payout is not a option, I wish it was. Then I would be eligible for unemployment. This is just another way this Company are screwing us.
47 percent what a rip off . That's a slap in the face all because you are no longer employed. Can you take the lump sum and run ? At least you will get taxed once not every pay day 47 percent .
To the person who asked what is the SERVANCE PACKAGE. The Company will pay you 2 weeks pay for every year of service. For example if you completed 10 years of service, the company will pay you 20 weeks pay. That's equivalent to 5 months pay. However keep in mind you will be taxed at a rate of 47% leaving you with just a little over half your salary.
I wish all you well l am a Brooklyn tech cwa i can't understand how you did not see the writing on the wall I will miss the beautiful sister in rcc the oneI remember take a apple an Tommy hill i hope for the best for them but Bronx you brung it on yourself. I see you in 2019
What is the package? What's the severance?
That's it 2 weeks? What a joke!!
Oh wow the lies this Company tells, I wish you all good luck in your future endeavors. So glad I was smart enough to get out with the 3 weeks for every year SERVANCE PAY.
They offering two weeks for every year but if you ats there is no offer they just want you to leave or just quit. Everyone who ats got set up big time.
Are they offering you 3 weeks or 2weeks for severance pay every year worked?
I see the 5 year AUSA plan turned into the 6 month plan. We're all going through this one way or another but good luck dude. I wish all of you the best in your future endeavors.