Anonymous
Post 01/30/2013 20:48     Subject: Company Won't Tell Me My Severance
Anonymous wrote:
Anonymous wrote:I doubt you will be receiving any. Companies have been shutting down since the re-election and cutting benefits wherever possible. Hiring is down. Firing is up. Cutting costs is paramount because something has to offset Obamacare and the other provisions that tax small and large companies. Something has to give - and it will be jobs and any other benefits that go with it, such as severance, matching 401Ks, health benefits, disability benefits.


Um, no. Actually, this doesn't reflect reality.



I agree - my DH just got a 4.5% salary increase and a higher match in retirement.
Anonymous
Post 01/30/2013 12:15     Subject: Re:Company Won't Tell Me My Severance
I doubt you will be receiving any. Companies have been shutting down since the re-election and cutting benefits wherever possible. Hiring is down. Firing is up. Cutting costs is paramount because something has to offset Obamacare and the other provisions that tax small and large companies. Something has to give - and it will be jobs and any other benefits that go with it, such as severance, matching 401Ks, health benefits, disability benefits.

Yes because firms are make no money and their stock is down. Keep watch fox.
Anonymous
Post 01/30/2013 12:14     Subject: Re:Company Won't Tell Me My Severance
I doubt you will be receiving any. Companies have been shutting down since the re-election and cutting benefits wherever possible. Hiring is down. Firing is up. Cutting costs is paramount because something has to offset Obamacare and the other provisions that tax small and large companies. Something has to give - and it will be jobs and any other benefits that go with it, such as severance, matching 401Ks, health benefits, disability benefits.


It more about the Government cuts. You know the place where no jobs exist. What happens when you cut 23.79% of GDP by 15%? Thats the republican's fault.
Anonymous
Post 01/30/2013 11:41     Subject: Company Won't Tell Me My Severance
Anonymous wrote:I doubt you will be receiving any. Companies have been shutting down since the re-election and cutting benefits wherever possible. Hiring is down. Firing is up. Cutting costs is paramount because something has to offset Obamacare and the other provisions that tax small and large companies. Something has to give - and it will be jobs and any other benefits that go with it, such as severance, matching 401Ks, health benefits, disability benefits.


Um, no. Actually, this doesn't reflect reality.

Anonymous
Post 01/30/2013 11:39     Subject: Company Won't Tell Me My Severance
I doubt you will be receiving any. Companies have been shutting down since the re-election and cutting benefits wherever possible. Hiring is down. Firing is up. Cutting costs is paramount because something has to offset Obamacare and the other provisions that tax small and large companies. Something has to give - and it will be jobs and any other benefits that go with it, such as severance, matching 401Ks, health benefits, disability benefits.
Anonymous
Post 01/30/2013 10:00     Subject: Company Won't Tell Me My Severance
DH didnt find out until 2 weeks later. He was laid off in early Jan and his last day wads the next day. they told him that he'd be on payroll until Feb but didnt say which day in Feb. They also vaguely talked about severance but nothing specific.

I made him call HR after 2 weeks of the unknown. They wouldnt tell him over the phone but then he got a letter a few days later with all the info. He got a few months.
Anonymous
Post 01/30/2013 09:48     Subject: Re:Company Won't Tell Me My Severance
Anonymous wrote:OP here: my direct manager told me. I have not received any paperwork or signed anything yet. This is a large govt contractor. Should I go back to my direct manager for help? HR has not been able to tell me anything.


Is this related to sequestration? Or fears of sequestration?
Anonymous
Post 01/30/2013 09:47     Subject: Re:Company Won't Tell Me My Severance
OP here: my direct manager told me. I have not received any paperwork or signed anything yet. This is a large govt contractor. Should I go back to my direct manager for help? HR has not been able to tell me anything.
Anonymous
Post 01/30/2013 09:28     Subject: Company Won't Tell Me My Severance
How did you find out you were getting laid off? Did someone tell you? Usually you get a notification letter and termination package that outlines your benefits, severance, etc. Your situation sounds strange to me.
Anonymous
Post 01/30/2013 09:25     Subject: Company Won't Tell Me My Severance
Severance is negotiable. You do not have to sign whatever is put in front of you -- you are free to counteroffer. But it does sound like they're trying to squeeze every last bit of productivity/knowledge from you, without planning to treat you fairly in return.
Anonymous
Post 01/30/2013 09:20     Subject: Company Won't Tell Me My Severance
oh did you get something in writing? if it is not in writing, it never happened.
Anonymous
Post 01/30/2013 09:19     Subject: Re:Company Won't Tell Me My Severance
I found out I was getting laid off two weeks ago. They wanted me to work a few more weeks to close things out. My last day is Friday and they still haven't told me my severance. They say I'm getting one but "it's hung up in corporate". Are they going to wait until the last minute and expect me to sign whatever is put in front of me? Is this standard practice? Any advice?

sound fishy. what are the other laid off people saying? how much did they get? just remember you have no loyalty to this company.
Anonymous
Post 01/30/2013 09:12     Subject: Re:Company Won't Tell Me My Severance
At a large company, no, it's not standard practice. When you are notified of your termination, all of that information is generally ready to be communicated to you.
Anonymous
Post 01/30/2013 08:47     Subject: Company Won't Tell Me My Severance
Most people don't get one , count your blessings, yo
Anonymous
Post 01/30/2013 08:38     Subject: Company Won't Tell Me My Severance
I found out I was getting laid off two weeks ago. They wanted me to work a few more weeks to close things out. My last day is Friday and they still haven't told me my severance. They say I'm getting one but "it's hung up in corporate". Are they going to wait until the last minute and expect me to sign whatever is put in front of me? Is this standard practice? Any advice?