Well for me 12.5 weeks pay would be better than the 8 I might get under the US policy. Not really a whole lot better than the UK. But with my luck they would give me a working notice and I wouldn't get really anything.
SO ANY ONE NOT in the US stop b--ching about your severance pay, its far better than your counter parts get across the pond!
Q: What is a RIF?
A: A “reduction in force” (RIF) is an involuntary separation that results from:
• Discontinuance of a business unit or function within a business unit OR
• The lack of a vacant, comparable position (as determined by CSC) for an employee who returns
from a leave of absence without pay of fewer than 12 months duration.
Q: What does it mean to receive “pay-in-lieu, working notice, or a combination”?
A: When an employee receives “pay-in-lieu,” s/he receives a lump-sum payment equal to the working
weeks of notice to which s/he is entitled, based on years of service, in lieu of actually completing
those workdays. In this situation, the employee is notified and separated on the same date.
In the case of “working notice,” the employee is notified of a RIF/layoff and works out the weeks of
notice to which s/he is entitled. Separation occurs at the end of the notice period.
A “combination” occurs when the employee continues to work a portion of the weeks of notice to
which s/he is entitled and paid a lump sum for any remaining weeks.
Q: Will I be given the option to choose either pay-in-lieu or working notice?
A: The decision to choose pay-in-lieu versus working notice is made by your leader, and is based on
the needs of the business unit.