When you find out, please inform us of the severance package, in general terms (e.g. salary for x length of time, not actual $). Whatever else might be covered in the package. I'm sure it will be the similar for most of us rank-and-file.
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@ivc+1pPzfYjV, I have not closely reviewed the documents regarding the release statement. I’ll be doing so this week.
@lwk+1pPzfYjV Can you share briefly what the letter states? I am wondering if they are forcing you to sign as part of an NDA before you can get your severance. Is that legal?
@fga+1pPzfYjV, come tell us tomorrow how your letter reads after you receive it, troll!
@pwe+1pPzfYjV, here’s the separation letter.
This email is to follow up on today’s meeting, during which you were notified of the business decision to eliminate your position. As communicated to you earlier, TransUnion is committed to helping you transition through these difficult circumstances. To provide support during this transition, TU is offering you a severance package intended.
Your package will include:
One week of pay for every year of service completed with TU as of your separation date,
An additional number of weeks of pay based on your years of service and Global Job Structure level,
A payment equal to COBRA coverage for your medical and/or dental elections as of your Separation Date, based on years of service, and
Career counseling/outplacement services through Challenger, Gray and Christmas, Inc.
TU will make bonus payments to eligible associates during the first quarter of 2024. All payments will be made in a lump sum.
If you choose to accept the severance package, you must return a signed copy of the General Release no later than the date provided in the Position Elimination Letter. You are encouraged to review it with an attorney before signing the document.
Also included for your review, please find:
Position Elimination Letter
Detailed letter outlining severance benefits available for transition and the required General Release
ADEA Letter & Impact List (if applicable)
A disclosure form with additional information to assist you in making an informed decision about the severance package
Challenger, Gray and Christmas, Inc. Flyer
Flyer from TU’s outplacement and job counseling firm providing insight into the outplacement services retained to assist you during this transition
Merrill Financial Planning Resource
An on-demand Career Transition session with financial tips and considerations is available here: Your Career Transition (brainshark.com)
Spring Health Benefit Flyer
Employee Assistance Program benefit available to associates for support and consultation around health, finances, personal transitions and more
TU Post-employment Information Packet
Transition resource providing a detailed overview of benefits and processes associated with making a departure from TransUnion
We encourage you to carefully read and review all the information.
As an additional reminder, associates are responsible for complying with TU policies, including the Information Security Policy, which prohibits associates from sending confidential or proprietary information to their personal emails and allows TU to monitor their technology use.
If you have personal belongings in the office, TransUnion will pack and ship them to you. You will also receive a shipping box to return company property.
Please contact me or People@transunion.com with any questions. Employee Assistance Program services are available to you through Spring Health for 30 days following your separation from employment.
@pvr+1pPzfYjV Just saying how my termination notice went. Don’t think you can say it’s more complicated than what I was told for my line of work.
I can already tell you from when they told me in October. 1 week of pay per year with company, another week of pay per year with company, 3 months of money at the rate it would cost for Cobra for those 3 months, and outplacement services from Challenger, Gray, and Christmas. I was notified October 3rd, last day is December 15th.
The severance policy is available on the Hub.
The question will be if it differs from what’s posted on SP.