So is it the 2 months PLUS the minimum for job level?
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How to know you're being laid off: you ask random people on the internet for information you can easily look up yourself.
@sdg+1pich96S Thanks
@ybt+1pich96S It's not really confusing. You get 60 days notice, during which time you will get your regular paycheck. At the end of the 60 days (or if you find another job during that 60 day period) you will be paid a lump sum equal to 10 days per year of employment, but you will get the minimum payment based on your job level if you haven't been employed long enough to be higher than the minimum.
All of the severance package details are on the (sch)web. A knowledge article titled Severance Pay Plan was last updated 2 months ago. Minimum cash severance depends on two things. Job level and length of service. All severance pay kicks in after 60 days. So you will get paid as if you are still employed for 60 days and then receive a lump sum for your severance and unused vacation. I don't know how the annual bonus will be handled, but I heard you'll receive it in March with everyone else.
Severance page is confusing. Maybe someone can explain.
Is it 60 calendar days of notice period + minimum business days by job level + additional 10 business days for every year at the firm?
Or is it 60 calendar days + minimum business days by job level?
It's hard to look up for people who maybe should be let go
This ain’t hard to look up. Go to the HR site and search severance. It’s right there, plain as day, open for everyone to see.
Unless they changed something, yes.