Is it one week for every year based on your average daily hours? A 12 yr employee was only offered $1,800
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When sycamore bought belk we knew we were doomed.
Sycamore is one of the sleaziest private equity companies out there.
Its been hell ever since sycamore took over. No more family life. Dreading the holidays again. They drain all the joy out of their employees.
For some reason Belk is afraid to acknowledge they are in financial trouble, years ago, a store called Mervyn’s had a similar approach, and went out of business fairly quickly.
Yes i keep being told that yet people are still out. How long will they keep this up. Maybe some won't ever go back
Belk is doing great, but they cant pay vendors or rent...umm ok
It's being told that our belk is doing well but all employees have not been called back
I’m wondering about that, stores are struggling as it is
When will belk call back remaing furloughs
They need to start offering then because I know quiet a few that would leave that company
They have to offer it to you, you can’t ask for it.
So does an employee get on touch with someone and ask for a severance package or how does it work?
supposedly they are giving severance to employees over 50
How do you get a severance package . I would love to retire.
Belk is trying any which way they can to f— over employees, they will start more layoffs and store closings before winter
The business started cutting hours more than two years ago, and more severely just prior to Covid-19 conditions. Before the layoffs, full-time associates were "guaranteed" 24 hours per week, and part-timers were given a generous 4 hours per week.
Belk severance pay is based on those reduced hours as company policy, not the standard full-time=40hrs/wk or part-time=25-35hrs/wk that most folks envision.
And, no, there are no vacation balance cash-outs when you "exit stage right", so you lose what you earned.. not that it was easy to use those benefits for the last longest. When we were brought back from furlough, we were told that if we wanted to request time off (paid or otherwise) it would have to go through higher-than-store channels and would, nine times outta ten, be declined for "reasons" (that excuse is good enough for Justin Bieber, so it works for Belk, too. "Reasons").
It's one week a year based on average hours. That $1800 does not sound right. It is taxed, however, so it's about 30 percent less after taxes.