MS is giving 60K buyouts. Heard its 2 weeks for every 6 months of employment. Since so many are complaining about RTO, will you take it if Fido offers the same ?
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OP - There will be no more VBOs as in the past. The current retirement package and associated longevity bonus (for those who are eligible) is effectively the replacement for the VBO as we knew it. This has been discussed ad nauseum in this and other forums. You're not paying attention.
@c9 There is an existing retirement package for all current employees that meet criteria (age plus years of service). It's easy to find on fidelity central website.
It won't get offered. The company realizes, especially in WI, that alot of corporate knowledge left in past VBO's. There isn't much old knowledge left and they could not afford to let the ones go that still maintain that knowledge. They would be qualify for VBO and would take it, so ya, it is not going to happen.
@a6 I am an employee and I’m not sure what you mean by “retirement package.” Maybe you are grandfathered in to a package that new employees don’t qualify for?
It’s not going to happen.
If it's two weeks for every six months, yes, I will take it. Especially if I also get to pay 'active' health insurance rates until I'm 65.
6 figs min
I dont see thats happening. We are hiring so many teams full of contractors.
I'm one of those with decades of service and not yet eligible for the retirment package and I wouldn't hesitate to take an offer if one was given.
i would take it 100%
Fidelity is too cheap to do that. People will be quitting on their own
I would take it yes but fido definitely won't be making that kind of offer at a large scale.