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Reply to "The Fork got fork’d"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't think a RIF is a lump sum payment (all at once). It is paid out every 2 weeks. I checked my benefits system and if RIF'd I get 134K. Ready to be RIF'd by Elmo.[/quote] This. It's financially better for me to be RIFd than to take the deal, even if the deal is honored. [/quote] [b]Most people don't get more than a few months severance[/b], how are you making out better on rif? How many years of service and what is your age?[/quote] Why would you think this? It's one week per year of service for the first 10, so right there somebody with 10 years gets 10 weeks. Now add 2 weeks for each additional year, plus age adjustment multiplier. I'll grant you that health insurance could be a factor. You do keep it for a short while if RIFd but that's not as good as keeping it on admin leave. [/quote]
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