Last day of notice is 4/25. I assumed final paycheck (before severance begins) would be on the 5/1 payroll day. I received my direct deposit today which looks like it was my regular bi-weekly pay plus unused PTO (I am in a State that it must be paid out). Any idea why? Will severance begin with next weeks pay on 5/1?
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I was a 1/29 JE. I got one week of severance pay the same day I got my last regular paycheck. I got one week severance pay the following pay date. Hoping 5/1 will be a two-week check.
I am guessing I dont get paid until 5/1 (I am in a state where Cigna doesnt have to pay out my unused PTO.) I have not received anything today.
From the way I see it, I guess the severance payments start rolling out 2 weeks after 5/1?
I also received my direct deposit today and thought it wouldn’t be until 5/1. I went back through my severance paper work and it states severance will be paid 30 days after effective date, the effective date is 8 days after you sign the agreement. That is if I’m reading it correctly. I plan to call and confirm, best guess for me, my severance wont start until the end of May… 🤷🏻♀️