Having trouble finding it in ComcastNow, workday, or anywhere else.
9 replies (most recent on top)
During the 2025 reorg, which my position was impacted by, I specifically asked HR for the severance policy details to understand how it's figured based on role/pay/tenure and was told they do not disclose that information.
I had been with the company 10 years with a salary of $115k and received 5 months of severance pay
only issue is, this severance plan doc is from 2015?
HOW THE PLAN WORKS
You are eligible to participate in the Plan if you are a full-time regular employee or part-time regular employee of Comcast Corporation (or one of the subsidiaries of Comcast that has adopted the Plan) employed at the level of Senior Manager, Manager, or Supervisor or as a Non-Management Exempt Employee (each, an “Employee”) and have experienced a “Qualifying Termination”, as defined in the plan
You are an Employee and your employment has been terminated by your Employer as a result of a position elimination, reduction-in-force, outsourcing, or Transaction, as determined by the Employer, in its sole discretion (an “Eligible Employee); and
You have neither accepted an alternative employment postion with a successor, subsidiary, or affiliate of your Employer nor received a Qualifying Employment Offer
If you are terminated for cause, due to death or disability, or voluntarily resign, even in circumstances where a Qualifying Termination has been announced, you will not receive the severance benefit. Your severance benefit payments commence as soon as administratively feasible following your separation from service and your execution of a written document provided by the Employer including a release of claims and other terms and conditions determined to be necessary and appropriate by the Employer.
AMOUNT OF BENEFIT
Scheduled Severance Pay: If you are eligible for severance under the terms of your Plan, your cash benefit will be in the form if severance salary continuation for a defined period of time. As set forth in the chart below, the exact duration of the severance salary continuation ranges from 6-16 weeks of certain salary amounts depending on your salary (or, in the case of ABBR-eligible employees, depending on your ABBR) in effect immediately prior to the Qualifying Termination.
Less than $50,000 - 6 Weeks
$50,000 through $74,999 - 8 weeks
$75,000 through $99,999 - 12 weeks
$100,000 through $124,999 - 14 weeks
$125,000 and above - 16 weeks
Service-Based Severance Pay. In addition to the Scheduled Severance Pay, if you have been in continuous service with the Employer for more than 3 years, you will receive an extra benefit equal to one week if severance salary continuation for each completed year of service beyond 3 years.
@a3 Im the OP
If this policy you pointed out applies, then i think im not as worried about getting laid off anymore lol. This seems rather generous
The job market is really bad though
@ad The severance isn't that small :)
@a3 that only covers COBRA and courtesy coverage. Not about how long you may get.
@a3 is this real? The policy seems super generous
yep @a3 nails it below
My Benefits > Tools and Resources > Resources for you > last doc ( severance plan)
No such thing, its not a requirement in most states.