I reviewed my severance package letter but it has no details other than that I will receive it on May 3. I just checked ADP and my final paystub is there (two weeks pay + PTO), but no mention of severance.
While I appreciate receiving severance at all, this whole process has been so poorly communicated. I still don't know how much my actual severance check will be -- I can estimate the taxes but would love to finally have some clarity on it so I can plan these next months of unemployment.
Thank you for checking!!!
I spoke with people solutions this morning and they confirmed severance check is separate and will be paid on 5/17.
@tgq+1sjpiodY Read your severance contract. The timing is in there
My termination date 5/3/2024. I saw my final pay check in adp portal, but no severance details. Planning to send email to people solutions. May it would be on 5/17/2024 they would do final settlement with severance pay.
Yes
Email People Solutions, I'm sure they will respond promptly and helpfully!!
(/s don't actually try this, they are incompetent and have no interest in helping us.)
Paperwork says they have 30 days to pay it or something like that. It just randomly showed up in my account, not necessarily on a Friday. Not sure about ADP, but know nike taxes at the lowest rate so you will likely owe more come tax season.
Ok thanks. Do you know if I’ll get a paystub for it in ADP? Or will it just randomly show up in my bank account on Friday?
Yes. This is outlined in your exit paperwork