I left BB&T for another company as soon as I heard about the forthcoming merger.
I make more money surrounded by wonderful people at a better company and am, overall, really glad I left when I did.
My only regret is not sticking around to get laid off and getting a severance package. I think I really should have risked the stress and heart attack for that paycheck. Even after 3+ years, it still haunts me.
So my read of the severance plan document is that they don't even pay you out until almost 3 months later. Is this accurate?
Don't feel bad. I asked my manager to lay me off because I was so burned out. He decided to layoff my SunTrust counterpart because he was making so much more money. I was the cheaper alternative. I was so mad and burned out at that point that I quit. Took some time off and then got an easier job making a lot more money. I really wish that I had gotten that sweet, sweet layoff money but alas SunTrust always manages to come out on top!
PS, you do not know that you would have been offered a payout. And you missed the ‘merger’ overwork with no pay. You did great!
No, you should not have! The packages will be going down with every round. I was lucky with VSRP, if you are not 55+, it will be much less under Bill! 26 weeks max! Etc. you made the right choice! Enjoy your time and job today.