#benefits

Please help enlighten.

The one-time retirement program, announced in a memo on Thursday, will be available to U.S. workers at the senior director level and below whose years of employment and age add up to 70 or higher.

Business Insider obtained a full copy of the document, an internal explanation of the so-called Voluntary Retirement Program (VRP). According to the document, eligible employees who take the buyout will receive:

A lump-sum cash payment equal to a minimum of eight weeks and a maximum of 39 weeks of base pay, based on seniority and tenure. Employees levels 64 and below will receive one week of base pay per six months of service, and employees levels 65 to 67 will receive two weeks of base pay per six months of service.
Up to five years of insurance coverage, including medical, dental, and vision for the employee and their dependents. Microsoft pays for the first year.
Continued regular stock vesting for six or 12 months, based on years of service.
Continued retirement stock vesting for employees who meet certain requirements.
Last day of employment July 1.

The Oracle Doormat Principle is a term coined by former employees to describe a psychological state where individuals remain loyal to Oracle Corporation despite experiencing mistreatment, toxic work environments, or career stagnation.

Definition: It is likened to Stockholm Syndrome, where employees become emotionally attached to an organization that has abused them, often internalizing the company culture as a "family."
Causes: The principle suggests that prolonged exposure leads to low self-esteem, fear of change, and a paralysis to act in one's best interest, causing workers to accept pay cuts, benefit reductions, and abusive management without protest.
Criticism: Critics argue this behavior stems from low self-worth and prevents personal career growth, with some advising that if a work environment is bad, it rarely improves and employees should leave as soon as possible.
Context: The term gained traction on layoff discussion forums, often appearing alongside complaints about dry promotions (more workload for no financial upgrade) and perceived corporate cultures of fear.

It is funny after being laid off since last may ,I got a recruiter call for a RF/SP position with Vz on W2 salary of 38/hr non negotiable (no benefit) lol.. I am so saddened.

And they asking for all scripting experience on top of all RF/SP experience . its brutal everyone. stick to your Vz job like your life depends on it.

BP sacked a CEO for lieing to board twice+. For abuse of power, non disclosure, then takes $32Mn off him in future benefits. BL then sues whilst MA takes on the role. a few months later the law suit is quiet, unresolved? BL gets announced as a director in a newly found ME backed equity firm called XRG. XRG then bowls on into a JV with bp for gas assets in Egypt. BL gets his $32mn back.

Question for the people who were laid off in May, did you get your match true-up contribution last Friday ?

Hi did anybody opt for the lump sum payout? If yes did it really take up to 60 days to process?

Was curious and looked up VZ Stock today and was floored to see it back at $44 after the incessant layoffs and cost cutting. All the sell off in corporate real Estate and discontinued leases, all the head chopping, cutting benefits and stock sharing, ripping out Legacy equipment because of power consumption, shutting off the Lights and the empty promises of AI “efficiencies”— and the Stock is barely holding at 44 Bucks. What the actual F#%K is going on Dan, maybe our CEO should be replaced by AI for some actual efficiency and cost savings.

The company will keep making more money, raising expectations and goals, while my paycheck pretty much stays the same, and benefits get worse.

then allow the health insurance premium to remain as it is. people are hanging around for health care.

Is there any benefit in having 15 years with the company if you aren’t 55? I’m contemplating leaving, but I don’t want to lose out on any benefits by leaving before I hit 55.

Anyone else tired of it all? Anyone else devote 10+ years to this company, only to be used like toilet paper and door mat? Anyone else tired of the targeting, retaliation, extra work load, cut in pay, loss of benefits? Maybe we should join up and take our fair share back..

I have been gone from Boeing for less than 5 years. Not long in the grand design, but long enough to compare.

The corporate world su-ks. The type of people who make it to management in all companies su-k.

All things being the same, I'd rather work for a company that su-ks with great benefits than a company that su-ks with less than stellar benefits.

I'm going to be ripped for this, but yes, I'd go back to Boeing. Its sh---y but the 10% match in the 401k will get me out earlier and the cost of insurance is the lowest I have ever found.

I'm not going to be happy at work anywhere, so I might as well have my pockets full.

If you worked here a few years and the came back, do your previous years of service count toward the retirement calculation (age + years of service)?

For the severance it stated should still be covered 60 days from notice with health benefits but from my spouse they're saying they have no coverage at all

Is anyone else having issues with medical coverage issues?

Just got the notice Cigna will not cover Zepbound for its employees for weightloss effective 7-1. Feels like the ultimate bait and switch: “join our program, use Omada, we cover your medication cost for this lifetime
Med!!” 2 years and 100lbs later “just kidding- you can pay $500 per month cash pay, it’s accessible now!”. Between layoffs, benefit downgrades, verint, stagnant wages I feel like I’m actually losing money working for this company not making money lol. Anyone else feel like they are paying for the “luxury” of working here? Maybe they’re just hoping we regain the weight and unalive so they can save money without additional layoffs

Remember that survey we had to fill out? What will be the changes? So many people speculate that Schwab will discontinue the health plan, give people a fixed sum, and let people find their own insurance.

Just a quick question, I've been with NG for 7 months now. I've been in the corporate world for 20+ years and I didn't quite understand how backwards their PTO policy is. I was given 40 hours upon my onboarding in October. At the beginning of the year, I was not given any additional hours. I accrue PTO at 3.04 hours every two weeks. This policy doesn't seem competitive with any company I've ever been associated with. Even retail places like Walmart or Di-k's has a better policy.

Effective 1/1/2026, the management Concession Telephone Service will be frozen and only retirees currently participating will be allowed to receive concessions. In addition, HealthSmart Benefit Solutions will no longer administer the Concession Telephone Service (CTS) benefit for Verizon.
Your telephone concession payment will be administered through the Verizon Benefits Center (VBC) and any eligible reimbursement will be issued by The Principal Financial Group (Principal). To verify your eligibility, contact the VBC at 1-855-489-2367.

Company efficiency move, not for employees benefit - ?!
Discuss all the ways this negatively impacts employees - Go!

The Texas Tribune's unionized employees approved their first labor agreement. This deal was finalized after two years of discussions. It guarantees pay increases for all staff and sets minimum salaries. Rules for artificial intelligence use are also included. The agreement provides layoff safeguards and secures existing benefits.

Austin, Texas

https://newsguild.org/texas-tribune-guild-members-secure-raises-al-protections-and-guaranteed-benefits-in-first-contract-after-two-years-of-negotiations/

I heard contradicting statements on whether we will continue to get severance even if we join else where.

How long does your insurance last if you get laid off or quit? Until the end of the month or end of the current pay cycle.

Do NOT go to the onsite Wellness centers for Annuals or any checkups.. if you do your health profile is exposed to the employer and will impact impact your employment if it is gets to be a high risk by age.

Go to your own doctor outside..

I never confirmed nor signed up for COBRA yet somehow I am still getting billed for something. I was laid off here and wanted to just leave in peace but WTF is this company giving me more reasons to get angry?

Make sure you spend the entire amount you set up for your FSA account in 2026 before your end date. Oracle legally can't do a thing about it.

https://legalclarity.org/irs-fsa-rules-for-terminated-employees/

Does anyone know how/where COBRA payments are made once our insurance transitions? My garden leave ends in June 1 and I really don’t want O decimating my final payout for the COBRA.

Working here. I don’t have any benefits as a cw. Paid thousands of dollars just to go to the dentist. I also regret spending money on expensive clothes just to impress girls.

Did y'all get admin leave this round too, or just the two weeks per year of service? Did people get outstanding LTI? Thanks.

https://donbivenspllc.com/sap-america/?li_fat_id=dac19b94-4200-4f3c-89ca-54abc78529ba&utm_term=SAP%2BEmployees%2BPast%2B%2B%2BCurrent&utm_campaign=00OTX00000B0eIT2AZ%24LD-2849%40SAP%2BAmerica%2C%2BInc.%2BDominated%2BHealth%2BPlan%23CA*CA&utm_source=linkedin#case

Wow, I was surprised not to find any public forums regarding state farm employees to chit chat, but I wanted to post here and say my whole onboarding group going into 2019 from various sections in the company are no longer employed with state farm. I ignited an old group chat out of curiosity. 17 in total and the last person to leave was in early 2025. Most people were let go or left around 2022-23

I found this metric interesting and worth putting out there. We all got sold on how it was a life long career and investment into your education for financial and personal growth.

Didn't get much detail but it seems the majority were right to worked for various little reasons primarily with the legacy benefits package. (Pension)

Any Cisco retirees using Cisco RMAP health insurance plan? Can you share the premium you are paying and how you like/dislike it?

Anyone have any idea what MW and the Legend of Doom are cooking up next? Benefits are what they will come for next so what are they coming for? Anyone have any insider knowledge? When will the monster retire?

Layoff email from Meta says:

Payment of COBRA (health insurance) premiums for you and your family (if they are dependents on your current plan) for 18 months.

From my friend I heard, Oracle is just paying 1m .

Has anyone here used the dentist on campus? Curious if the experience was good.

Wondering if it the same as last time.

Has T Rowe Price ever had a "corporate tent" at the Preakness race? If so, did they have one this year? Hiring cheap labor really opened the door for "leadership" to treat themselves right - VIP suites at Orioles and Ravens and waterfront harbor views. Paid lunches and dinners in Harbor East. Who knows what else. Must be nice.

for a January hire, when exactly does the last 40% vest? is the June before, after the new year, or after you reach the actual mid-jan work anniversary?

I just want to see if they made any changes since the last round.