Thread regarding Macy's Inc. layoffs

Severance

Does anyone know about how long it will take to recieved the parent after we sign the document.

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| 1013 views | | 4 replies (last July 28, 2020) | Reply
Post ID: @OP+15WsOP4e

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I signed my papers on July 15 and my check was deposited on July 24.

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Post ID: @eiof+15WsOP4e

Was just speaking to Colleague Support associate who told me: three weeks after they receive your signed document, you should see the Lump sum direct deposited into your bank. They always do payouts on Fridays, so the Friday following the three weeks. Hope that helps!

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Post ID: @1hec+15WsOP4e

I got laid by impact on Feb. I received and signed the severance on 4/1 and money Deposit on 5/15. By the way. I am from NY. For unpaid PTO and vacation money. Macys is very smart and make up the day for us. T/4 all money are in our pocket without any trouble. Hope it is helpful for you.

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Post ID: @jaj+15WsOP4e

On the FIRST page of the doc it tells you that upon signing, the payment will be processed within 2-3 weeks as long as you do not revoke your signature.

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Post ID: @mpg+15WsOP4e

Payment

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Post ID: @qlx+15WsOP4e

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