Thread regarding Fiserv Inc. layoffs

How much is the relocation package?

Someone has already asked, but there was no answer.

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| 3981 views | | 9 replies (last October 27, 2021) | Reply
Post ID: @OP+1dvFpsjp

9 replies (most recent on top)

$15k if you’re single, $20k for a family. One ‘lump sum payment’.

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Post ID: @1vvn+1dvFpsjp

I wonder how much it'd cost to relocate Frank into a nearby prison cell.

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Post ID: @1tfs+1dvFpsjp

If you voluntarily leave or are terminated for violating company policy within 24 months, you will be responsible for reimbursing pro-rata portion. So if you stayed for 12 months, you're responsible for 50% of the total benefits paid. So it's not full repayment as people have stated.

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Post ID: @ugb+1dvFpsjp

And their will ALWAYS be exceptions. People not in hubs. Reconcile that with your boss sometime. Hubs are for the little people

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Post ID: @mqx+1dvFpsjp

Perhaps 10K to move a and7% pay raise

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Post ID: @mbt+1dvFpsjp

I'm mulling over a relocation to NJ. At least in my case, the job market is pretty much wide open in the NJ / NYC area, and has been for quite awhile. I have friends / family in the area. Let them pay for my move and lay me off... I'll find something better up there quicker than I would in my current location.

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Post ID: @yob+1dvFpsjp

Someone has to really be desperate to do a family relo for $20k. It might work for a person who has extended family or friends in NJ so if the job goes away it’s no big deal.

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Post ID: @gbz+1dvFpsjp

It depends on where you are and where you’ll move to. After moving, there’s no guarantee of a job but they sure as heck let you know if you leave before 2 years, you have to pay it back in full.

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Post ID: @uev+1dvFpsjp

It’s not the same for everyone. Plus, it’s based on where you currently live and where you’ll be going. What’s not surprising? If you leave within 2 years of moving, you’ll have to repay it in full. But if they let you go, you’re in a new place with no job. They are giving no guarantees of employment. For me it was less than $20k and I had to be moved by years end. Nope.

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Post ID: @ipm+1dvFpsjp

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