#benefits

Didn't see this clearly answered in the materials. Wondering if it is possible to keep it as is until a more ideal low rate environment, which would pump up the commuted value.

Do we keep our vacation time and PTO is flex or is all paid time off flex starting next year?

For those that use or have family members that use the Chevron Mental Health and Substance Use Disorder Plan be aware that it is being discontinued as of January 1st, 2026.

In the announcement, individuals that regularly use these services are “strongly encouraged” to review the changes as the costs “may change”.

Farewell wellness week. Welcome unwellness week. No idea if someone will actually TELL the wage slaves or not but word is it's dead.

They are taking personal days away as of Jan 1. We will only have accrued PTO and I doubt they will add to our PTO to make up for some of that loss.

I started here excited and now I spend my days fighting broken systems with no raises. Management seems out of touch and benefits are continuously shrinking, so the job feels like a grind with less reward. If you are early in your career think twice before locking yourself in.

Got a nice letter from the Blue Death Star last night. "We feel your rising health care costs, inflation, blah blah blah" so we are increasing your wireless discount from 30%-50% but only if you have one of our "NEW" wireless plans. What the H$ll does that mean? No explanation included and online little help. Then "We also want all Retirees to have the fastest Internet so you will now all pay $30 a month going forward. I pay $10 now for 5 GIG the fastest plan. So Stinkey go retire like the VZ chairman so the stock can at least go up..........................

Some Retirees have received information about increased benefits ((wireless plans now 50% off)). The letter stated it’s all due to AT&T celebrating 150 years in 2026. Makes me think our COO ain’t leaving just yet.

How is nobody talking about this? Should I be applying elsewhere?? "Truist is undergoing internal restructuring. Sources indicate that between 500 and 700 contractors were cut last Friday in Digital and Technology divisions citing "policy concerns". Additional reductions are on the horizon, including cuts to employee benefits, further contractor downsizing, and full-time staff layoffs.'

For decades, retirees had a pathetic $3,000 Humankind company match. Now it is suddenly dropped to $2,000. Successful companies actually increase these figures over time. Exxon and Conoco match $5,000, Shell $5,500. Yet another benefit reduction by our dying corp. What goes around comes around.

In 2026, will HCSC offer a Roth 401k as the result of the Secure 2.0 Act, which requires catch up contributions for high earners be made only to a Roth 401k. Here we are in Q4 and I haven't heard anything yet. I believe if no Roth 401k option is available, then the high earner employee is not allowed to make catch up contributions. Curioyif anyone has heard anything on this from HCSC?

Honest question about FMP next day options. I'm curious what services for cel phone did people move too? I seem to have found a good deal at Mint and with the Duel eSIM thing I found it rather simple to spin up a second line to migrate away from T. It was 90% less than what T changed my bill to after the loss of the employee discount. Did anyone find better deals ?

I think I’m about to be fired, so I’d like to avoid having that hang over my head by leaving on my own. I hate this because I love my job, but there’s not much I can do about it, I pi---d off the wrong person. Anyhow, everywhere I look, benefits aren’t even close to being as good as here. Is there anybody who’s worked somewhere else and knows if it’s a similar setup?

Rumors down south are that there will be changes to benefits and enforcement of in office presence.

Anyone have insights re pension changes from DB to DC or other? Elimination of EDOs?

With the ill-received change to the 401k employer contribution*, I wonder how many people are waiting to retire at the first of the year so that they can get the 2025 contribution.

Do you utilize the benefit or is it not worth it?

Anyone know for sure about the rumors mgmt is discontinuing severance all together???

I’m disappointed by severance estimate. Here’s how to get a high-level estimate using any AI tool, readymade script to use-
• Permanent employee at Imperial Oil, based at Quarry Park Office.
• Annual salary: $[X]
• Current role: [Your Role] in [Function/Department]
• Continuous service: [X years]
• Defined benefit plan: [1.5% / 2%], RRSP/401k match: [X%]
• Location: [City / Office]
• Performance Rank : [X/4]

Context to consider:
• Mass layoffs, office closures, relocation of remaining employees
• Local unemployment rate, industry outlook, company financial health
• Comprehensive benefits package

How to estimate severance:

1.  Factor in years of service, age, position, rank, and contract terms
2.  Add bonus, retirement contributions, benefits continuation
3.  Adjust for industry and location context

All consider additional factors, past legal cases examples.
Estimate my severance pay.

Steve B et al have run an iconic company to the ground. Buying a dollar store company like Lexmark was a terrible, terrible move (just like the many, many before). What a complete joke this company has become. No merit increases, no 401K match, pretty much everything for the employees blow up or 'suspended', meanwhile Steve B, Bruno, Mirlanda, etc all gave themselves raises and padded their payout when they leave. The board is asleep at the wheel, or wants to see this head down the tubes. Fu-k Steve B and his stupid plans. Run for the hills, the layoffs and the continued bad news for the people who actually do something here are her for good.

Putting this out there to hopefully save anyone who may have fallen into the same predicament I just found myself in. If you're like me, because I was told FIS covers COBRA for 3 months, you selected all the same options that you had while employed, health, dental, vision, etc. Be aware, FIS does NOT cover vision. You need to access the Health Equity Wage Works site and pay the vision amount if you have not already. Until you do so, no paperwork will be submitted by Health Equity to notify of your medical (including CVS) or dental coverage, leaving you without any medical or dental insurance.

As a former follett employee I’d like to let anyone else still working there know…. There are much better less stressful jobs. “Oh but uhhhh the vp is d-mb and we didn’t get temps for fall rush and they cut our hours” yeah no duh dummy you work for a stupid company. Unless Follett is the only employer in your area (which is unlikely) just start applying elsewhere. I work for a great employer now with better benefits, hours, pay, work environment. Your life is bigger than dead end college retail.

I feel so genuinely bad for my old market leader, she ran the Cal State East Bay Pioneer store from her college years into her 40s. And talking to her was like talking to a brick wall of follett information. Zero soul, just regurgitated slop about endless retail. My point here is don’t let that happen to you too. Life is more than shelving books and getting screamed at by pi---d off customers who’s AirPods are 4 months late due to a drop shipping issue.

The separation letter says that Oracle will pay for 1 month of Cobra insurance and that's retroactive to the termination date. Does anybody know if that includes dental and vision as well?

I just recently left Macys however I still have Macy's money can I still use this to make some purchases. I have the regular Macy's American express which I had before I starting working for the company. Just curious.

When is open enrollment for 2026 Benefits?

According to Moneycontrol, TCS is offering one of the most generous severance packages seen in the Indian IT sector. Employees will first receive three months of notice period pay, after which severance payouts will range from six months to two years of salary, depending on the length of service. Long-serving staff with 10-15 years of experience may receive packages worth up to 1.5 years of pay. Those eligible for early retirement will also be given all retirement benefits, including insurance, in addition to severance.

Employees who have been on the “bench” — without projects — for more than eight months are also impacted. Their exit packages will be smaller, typically limited to the three months’ notice pay. TCS said it will provide career transition assistance, including covering outplacement agency fees for at least three months for junior associates.

The restructuring follows earlier reports that TCS planned to cut about 2 percent of its workforce, or over 12,000 jobs. The IT employees’ union NITES has accused the company of forcing around 2,500 employees in Pune to resign, a claim TCS has strongly denied. The company maintains that only a limited number of staff have been affected and that the initiative is aimed at “realigning skills” in line with future requirements.

This wave of layoffs highlights the pressure facing traditional IT firms as automation and AI adoption accelerate. Clients are increasingly demanding advanced digital solutions and expect their outsourcing partners to deliver with smaller, more specialized teams. TCS, which employs more than 600,000 people worldwide, is now reshaping its workforce to focus on areas such as AI infrastructure, automation, and advanced analytics, while winding down legacy roles.

Any rumours on what this will entail? They're saying it's not a cost saving exercise, which I highly doubt.

I've heard that there will be a PTO change coming since we acquired Cigna. There are too many state differences which means that some states will get more PTO than others because of the differences. Also heard they may let only those affected know. Seems shady if that's the case.

Wonder if severance packages will have considerations against "total compensation". Thats what we've been told for years as why we are paid less overall. Wonder if there is some legal angle that leverages this.

Nice job WF displacing people on 9/30 so they aren't still considered employees on 12/15 (with their 60 days notice) to get the entire year of 401k matching!

They are hard earned for the ones that received them. It’s not much for non execs but enough to care about them.

What happens to RDUs if:

1. You decline mobility
2. Accept mobility but not selected for job
3. Accept mobility, receive bit decline offer for job

Does anyone have insight? Lots of communication out there on many topics but zero on this one. It makes me feel they are going to fu-k us on RSUs based on the silence this far.

Why are people saying our benefits are being reduced? Where are you hearing this?

Has anyone noticed how our benefits are getting trimmed constantly? I just noticed how Humankind company matching went down ($10k match down to $7.5k). They used to offer 2 company “grants” of $500 for logging 40 hours of volunteer work. Not anymore! Just one now. What’s next from HR?

I'm really frustrated to learn that Truist will be cutting its $500 deductible and co-pay medical insurance plans in 2026. From now on, they'll only offer high deductible plans with no co-pay option. It feels like they keep stripping away employee benefits with each passing year. What’s going on?

Severance packages for laid off retail staff include lump sum hours of pay that vary by role, plus a health premium payment equal to three months of coverage. Some state specific vacation payouts apply, and employees have a set window to sign release agreements to receive severance.

at our next quarterly update from senior Leadership, many of us are very concerned and we would like updates for these areeas:
~$50-$100M underfunding of our db plan. What is the strategy for paying this off
~how much is the health care premiums going up & will the 401k match be cut. Any layoffs planned before X-Mas ?

• status on lawsuits and employees leaving company will be forced to sign non competes non disclosureas
  ------culture survay results
  ~company revenue-profits ytd
  ----what is the company Net Promotor Score and stack rank it compared with our competitors
  ~~when are we gonna improve our website. Very few changes in calculaotrs tools and educstion for yrs. Mobile app still lags

Mr Rich and Ms Favors, along with Kristine Janofskey, we'd like updates with all of this.

If anyone hasn’t noticed yet, leave allotments in workday now have a “approved bank” amount where it looks like it’s being propped for an accrued PTO type of situation. Rumor is that other benefit changes, such as our unlimited PTO and overall flexibility is going to change for the worse.

ST. JOHN’S, NL, CANADA, September 24, 2025 – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing a put option agreement. Following the information and consultation process of employees’ representative bodies, North Atlantic today announces that it has entered into an agreement with ExxonMobil to acquire ExxonMobil’s entire stake in Esso S.A.F. (the “Controlling Block”) and EMCF.

This marks an important step in North Atlantic’s project to establish a long-term presence in France, contributing to European energy security, industrial resilience, and energy transition.

The completion of the project remains subject to customary regulatory conditions applicable to this type of operation, including foreign direct investment control in France, and finalization of certain financing arrangements.

Ted Lomond, President and CEO of North Atlantic, President of North Atlantic France stated: “Our commitment to France is long-term. By building on Gravenchon’s record of industrial excellence, we aim to strengthen energy security and resilience while accelerating the transition to lower-carbon solutions. This project reflects our ambition to grow North Atlantic into a premier transatlantic energy company, with strong foundations on both sides of the Atlantic.”

Simon Fenner, CEO of North Atlantic France stated: “With the signing of this agreement, North Atlantic reaffirms its ambition to consolidate the Gravenchon site and provide it with an ambitious development plan to serve the French energy and industrial sectors. We are firmly committed to completing the transaction by year-end.”

As a reminder, on May 28, 2025, North Atlantic had announced that following the acquisition of the Controlling Block in Esso S.A.F., it would file a mandatory tender offer for the remaining shares of Esso S.A.F. on the same financial terms as the acquisition of the Controlling Block.

Furthermore, it should be noted that the Board of Directors of Esso S.A.F. has convened a Shareholders Meeting on November 4, 2025 to deliberate on the proposal for a distribution of reserves, amounting to €60.21 per share, with payment scheduled for November 14, 2025.

During the discussions between ExxonMobil and North Atlantic over the past months, the two parties agreed to a downward adjustment of the purchase price for the Controlling Block, to reflect certain social liabilities. This downward adjustment will not affect the price offered to minority shareholders of Esso S.A.F. in the context of the mandatory tender offer for the remaining shares, which will be determined after taking into account the various adjustments described in the press release dated May 28, 2025, namely:

• a downward adjustment to reflect the amount of cash distributed by Esso S.A.F. prior to the date of completion of the acquisition of the Controlling Block (i.e., an amount of €113.21 per share, corresponding to a dividend of €53 per share payable on July 10, 2025, and an amount of €60.21 per share in respect of the distribution proposed by Esso S.A.F. and to be paid on November 14, 2025, subject to the approval of the Esso S.A.F. shareholders meeting);

• upward adjustment by a ticking fee mechanism corresponding to accrued interest on (i) a first base amount of €362,000,000 at the euro short-term rate plus 2% per annum between March 2, 2025 and the closing date, and (ii) a second base amount of €950,000,000 at a rate of 2.4% per annum between March 2, 2025 and the closing date;

• upward or downward adjustment to reflect the change in the euro value of Esso S.A.F.’s inventory and equal to the difference between the crude oil value of ten (10) million barrels as of December 31, 2024 and the crude oil value of the same number of barrels as of a period prior to closing that will depend on the date of the contemplated transfer of the ownership of ESAF inventory to a bank.

The final price for the acquisition of the Controlling Block will be definitively set prior to the completion of the transaction and will be communicated to the market in due course.

The completion of the transaction is still expected in Q4 2025. North Atlantic reiterates its commitment to delivering a comprehensive and well-managed transition, with the intention to maintain employment and existing compensation and benefits.

https://northatlantic.ca/media-releases/north-atlantic-france-sas-milestone-project-majority-stake-in-esso-societe-anonyme-francaise-exxonmobil-chemical-france-sas/

There's a lot of talk about growing share price of Honeywell Aerospace. Does that mean remaining Honeywell will take a beating such that it affects 401(k) and other benefits? Would we bear the brunt of the remaining company and how would non-Aero people be affected?