Thread regarding Bed Bath & Beyond layoffs

Severance/retention bonus

I was trying to find out how they determine who gets severance and who gets retention bonus, and so far I haven’t been able to figure it out. Whenever I ask a colleague, no one knows. Here on another thread I read that one person is not clear about the formula by which he got more retention bonus than another worker who has worked here for more than ten years. How is that possible? I don’t understand at all.

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| 2491 views | | 10 replies (last February 12, 2021) | Reply
Post ID: @OP+19jeq30n

10 replies (most recent on top)

Wait who’s getting a retention bonus and when?? I’ve heard nothing about this!

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Post ID: @4lgv+19jeq30n

Severance will be a 20% coupon and retention is a $10 off $30 purchase. Very generous.

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Post ID: @3kce+19jeq30n

I found the Nov ,15 thread..weirdly two people commented just last week on it

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Post ID: @1oyy+19jeq30n

Full time associates retention bonus was your average weekly pay times the number of years up to 10 years maximum.

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Post ID: @1lsp+19jeq30n

Severance pay....Nov 15. You need to select older topics on home page

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Post ID: @1qex+19jeq30n

OP..I cannot find the thread..what's the date and title? If one does exist..

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Post ID: @1uhv+19jeq30n

Check your accruals for this year.... If you’re higher than anticipated does that mean they are calculating severance for end of fiscal year? When I asked my SM he said you know those are never right. Lol

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Post ID: @1mmj+19jeq30n

November 15 was one of them

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Post ID: @1onj+19jeq30n

It’s really simple; you willing to go down all the way MT’s taint, you’re retained. If not, you get severed.

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Post ID: @hxg+19jeq30n

What's the date and title of that thread? I can't find it

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Post ID: @wgn+19jeq30n

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