#finalpaycheck

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Severance credited. Laptop not returned yet

US, separation date 9/22/25.

My severance pay got credited to my bank account yesterday. I haven't returned the laptop yet 😳 Anyone else get their pay?

Credited amount is ~25% less than severance amount mentioned in the separation agreement. I don't know the deductions, but I know payroll deductions & taxes would be deducted from it.

Last paper payslip I received is for the period ending on 9/5/25.


Contact HR - External Website

I was trying to get clarifications on detail breakup of Severance Pay Formula from HR. Pointed to Non VPN Access: [External Ask HR Portal]- https://hrhelp.custhelp.com/

Once I get the detail breakup of unused vacation, formula used for final payout, I will fight for a few days

Please bookmark & that will save you 3 days for a normal reply from HR Via E-Mail


On Vacation when notified of layoff

Per policy I submitted my vacation hours prior to starting vacation and also to ensure I wouldn’t have a missing time card (and not get paid).
We couldn’t work from Sep 2 to Sep 22 due to loss of access. But they sure as heck still docked my vacation accrual for the days I pre-entered for post layoff days Arghh.
Kicking myself in the butt.


Final paycheck tomorrow

Some have asked when the final paycheck for those in the US on garden leave ending tomorrow (Monday) will be paid. My credit union website shows pending transactions with about 12 hours of anticipation, and it's currently showing two deposits tomorrow, 9/22, from O. One is the regular two week paycheck which would normally be paid on Thursday and the other is for the last day on Monday which would normally be part of the next pay cycle.


14 Years Down The Drain

I was let go today after being with the bank 14 years. Curious if I was targeted to prevent a potential much bigger severance at 15 years.

Is there a way to change withholding to have less taxes taken out of severance?

Although I'm not surprised because I've watched things change for the worse. But I didn't see it coming because there are other job openings in my department. Same old sad story of a decent employee who thought they'd retire with the bank.