Thread regarding Cisco Systems Inc. layoffs

UK terms

Anyone know what you get in the UK if LRd?

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| 1022 views | | 2 replies (last October 7, 2020) | Reply
Post ID: @OP+17iZfKeY

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it roughly equates to 1 months basic pay for every whole year of service

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Post ID: @1srh+17iZfKeY

Hard to say what the offer will be this year. It changes. The offer a couple of years ago was made up of

pay in leiu of notice
ex gratia payment
outstanding holiday refund
in sales 100% pro rata commission to termination date paid (so on 100K Comp, leave end of Nov, 4 months, so balance to 33K paid out.
extend health by 1 month

You'll find out the detailed amounts in the first session with your manager and HR.

good luck

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Post ID: @1wes+17iZfKeY

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